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

Primaris REIT opened trading today at $13.80 and closed at $13.74. prices ranged from $13.73 to $13.94.

The price eased -0.87% from the previous day's close of $13.86.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Primaris REIT traded under PMZ-UN on the Toronto Stock Exchange (TSX).

Trading volume was 62,170 on 425 total trades, while having an average volume of 85,397 in the last five days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 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 boosted 3.46%, while they have decreased -0.43% year-to-date.

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 $1.34 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.

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..