Closing Bell: Nexus Real Estate Investment Trust down on Tuesday (NXR-UN)

Today, Nexus Real Estate Investment Trust shares opened at $7.37 and closed at $7.44. prices ranged from $7.20 to $7.53.

Share prices dipped -0.53% from the previous day's close of $7.48.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 126,287 shares was traded during the session, with total trades of 746. On average, Nexus Real Estate Investment Trust has traded 118,821 shares over the last 5-days and 154,234 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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, the shares have eased -8.26 percent in 52 weeks, while they have dipped -8.03% since the start of 2024.

It announced a 0.05 dividend on July 22/24, with an August 30/24 ex-date and September 16/24 pay day.

Following today's trading, Nexus Real Estate Investment Trust has a market capitalization of $529.15 million on a float of 70,742 shares outstanding. Its annual EPS is $2.91.

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

Based on 10.00 analysts, Nexus Real Estate Investment Trust gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 7 buy ratings and 3 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..