Closing Bell: Morguard Na Residential REIT Units up on Friday (MRG-UN)

Today in trading, Morguard Na Residential REIT Units opened at $16.42 and closed at $16.59. It traded at a low of $16.30 to a high of $16.65.

Share prices advanced 0.48% from the previous day's close of $16.51.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Morguard Na Residential REIT Units traded under MRG-UN on the Toronto Stock Exchange (TSX).

A total of 20,738 shares was traded during the session, with total trades of 182, with an average volume of 20,446 over 5 days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.16 (July 24,2024) and low as $13.08 (November 22,2023). Moreover, in the last 52 weeks, Morguard Na Residential REIT Units's shares have advanced 3.17%, while in 2024, they have boosted 12.32%.

It announced a 0.06 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $613.39 million on a float of 37,153 shares outstanding. Its annual EPS is $3.78.

Morguard Na Residential REIT Units is a TSX REIT company headquartered in Mississauga, CAN.

Currently, Morguard Na Residential REIT Units's consensus rating is "Moderate Buy" based on 2 analysts according to Zacks. From those 2 analysts, 2 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..