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

In today's trading, shares of Canadian Net Real Estate Investment Trust opened at $5.38 and closed at $5.34. It traded at a low of $5.34 to a high of $5.38.

Shares dipped -1.11 percent from the previous day's close of $5.40.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

Trading volume was 6,062 on 12 total trades. On average, Canadian Net Real Estate Investment Trust has traded 34,951 shares over the last 5-days and 11,497 year-to-date.

The TSX-V market on the whole today saw 1,821 price advancers against 3,352 declines and 121 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, in the last 12 months, Canadian Net Real Estate Investment Trust's shares have boosted 5.74%, while in 2024, they have boosted 10.10%.

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 $111.03 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.

Based on 3.00 analysts, Canadian Net Real Estate Investment Trust gets an average recommendation of "Hold" 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..