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

Today during trading, Canadian Net Real Estate Investment Trust shares closed at $5.40 after opening the day at $5.46. prices ranged from $5.30 to $5.46.

Shares dipped -1.10% from the previous day's close of $5.46.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

A total of 24,415 shares was traded during the last trading day, with total trades of 43, with an average volume of 35,760 over the last 5 days.

The TSX-V market on the whole today saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, NET-UN.VN has traded as high as $5.47 (July 17,2024) and low as $4.58 (October 11,2023). Moreover, the shares have boosted 8.00 percent in the last year, while they have raised 11.34% this year.

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 $112.26 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. From those 3 analysts, 1 have buy ratings and 2 analysts gave hold 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..