Closing Bell: Canadian Net Real Estate Investment Trust down on Wednesday (NET-UN)

In today's trading, shares of Canadian Net Real Estate Investment Trust opened at $4.99 and closed at $4.93. It traded at a low of $4.91 to a high of $4.99.

The price dipped -1.00 percent from the previous day's close of $4.98.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

Canadian Net Real Estate Investment Trust has listed on the Toronto Venture Exchange (TSX-V) under the ticker NET-UN.

Trading volume was 7,240 on 33 total trades, while having an average volume of 8,275 over the last 5-days.

The TSX-V market on the whole today saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, NET-UN.VN has traded as high as $5.37 (August 03,2023) and low as $4.58 (October 11,2023). Moreover, the shares have dipped -0.40% in the last year, while they have boosted 1.65% since the start of 2024.

It announced a 0.03 dividend on May 22/24, with an September 13/24 ex-date and September 30/24 pay day.

Following today's trading, Canadian Net Real Estate Investment Trust has a market capitalization of $102.39 million on a float of 20,561 shares outstanding. Its annual EPS is $0.71.

Canadian Net Real Estate Investment Trust is a TSX REIT company headquartered in Pointe Claire, CAN.

Currently, Canadian Net Real Estate Investment Trust's consensus rating is "Hold" based on 3 analysts according to Zacks. Currently, there are 1 buy ratings and 2 hold 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..