Closing Bell: Primaris REIT down on Wednesday (PMZ-UN)

Today during trading, Primaris REIT shares opened at $13.93 and closed at $13.74. Intraday prices ranged from $13.71 to $14.10.

Shares decreased -2.07 percent from the previous day's close of $14.03.

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.

Primaris REIT has listed on the Toronto Stock Exchange (TSX) under the ticker PMZ-UN.

Trading volume was 83,850 on 539 total trades, with an average volume of 101,930 over the last 5 days.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, PMZ-UN.TO has traded as high as $14.24 (September 18,2023) and low as $12.25 (October 30,2023). Moreover, in the last 52 weeks, Primaris REIT's shares have gained 1.25%, while they have dipped -0.43% this year.

It announced a 0.07 dividend on July 08/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Primaris REIT has a market capitalization of $1.35 billion on a float of 96,327 shares outstanding. Its annual EPS is $1.17.

Primaris REIT is a TSX REIT company headquartered in Toronto, CAN.

Currently, Primaris REIT's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. Currently, there are 2 buy ratings and 2 hold ratings for the stock.

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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..