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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Morguard Na Residential REIT Units opened trading today at $16.42 and closed at $16.59. prices ranged from a low of $16.30 to a high of $16.65.

The price raised 0.48 percent 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

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

The TSX overall saw 432 price advancers against 4,843 declines and 43 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, the shares have boosted 3.17 percent in 52 weeks, while they have advanced 12.32% this year.

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 $616.36 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. Currently, there are 2 buy ratings for the stock.

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..