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

In market activity today, Canadian Net Real Estate Investment Trust opened at $5.54 and closed at $5.59. prices ranged from $5.49 to $5.59.

The price gained 0.90 percent from the previous day's close of $5.54.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 10,723 shares was traded during the session, with total trades of 24, while having an average volume of 9,025 in the last five days.

The TSX-V overall saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, NET-UN.VN has traded as high as $5.59 (July 31,2024) and low as $4.58 (October 11,2023). Moreover, the shares have boosted 10.26% in 52 weeks, while they have boosted 15.26% year-to-date.

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 $113.91 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. 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..