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

Today in trading, shares of Canadian Net Real Estate Investment Trust opened at $5.38 and closed at $5.45. Intraday prices ranged from $5.38 to $5.45.

Share prices advanced 1.49% from the previous day's close of $5.37.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 7,943 on 11 total trades. On average, Canadian Net Real Estate Investment Trust has traded 14,321 shares over 5 days and 11,543 year-to-date.

The TSX-V overall saw 1,249 price advancers against 3,959 declines and 110 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 advanced 7.71 percent, while they have advanced 12.37% 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 $110.41 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.

Canadian Net Real Estate Investment Trust is holding an average recommendation of "Hold" from 3.00 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..