Closing Bell: Nexus Real Estate Investment Trust up on Wednesday (NXR-UN)

Today in trading, Nexus Real Estate Investment Trust shares opened at $7.42 and closed at $7.52. prices ranged from $7.36 to $7.59.

The price boosted 1.90% from the previous day's close of $7.38.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Nexus Real Estate Investment Trust traded under NXR-UN on the Toronto Stock Exchange (TSX).

Trading volume was 185,932 on 778 total trades, with an average volume of 159,325 over 5 days.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, NXR-UN.TO has traded as high as $8.60 (January 09,2024) and low as $6.08 (October 26,2023). Moreover, in the last 52 weeks, Nexus Real Estate Investment Trust's shares have shrunken -11.43%, while they have dipped -7.05% since the start of 2024.

It announced a 0.05 dividend on May 07/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Nexus Real Estate Investment Trust has a market capitalization of $521.58 million on a float of 70,675 shares outstanding. Its annual EPS is $2.91.

Nexus Real Estate Investment Trust is a TSX REIT company headquartered in Oakville, CAN.

Currently, Nexus Real Estate Investment Trust has an average recommendation of "Moderate Buy" based on 9.00 analysts according to Zacks. From those 9 analysts, 5 have buy ratings and 4 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..