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

In market activity today, shares of Morguard Na Residential REIT Units opened at $16.35 and closed at $16.70. prices ranged from a low of $16.35 to a high of $16.79.

Shares advanced 0.66 percent from the previous day's close of $16.59.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 21,349 shares was traded during the last trading day, with total trades of 179, with an average volume of 23,608 in the last five days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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 surged 5.83%, while in 2024, they have advanced 13.07%.

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.

Based on 2.00 analysts, Morguard Na Residential REIT Units gets an average recommendation of "Moderate Buy" according to Zacks. From those 2 analysts, 2 have buy ratings.

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