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

In today's trading, shares of Primaris REIT opened at $13.73 and closed at $13.62. It traded at a low of $13.62 to a high of $13.89.

Shares dipped -1.45 percent from the previous day's close of $13.82.

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.

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

A total of 160,411 shares was traded during the last trading day, with total trades of 971. On average, Primaris REIT has traded 99,488 shares over 5 days and 130,468 year-to-date.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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 12 months, Primaris REIT's shares have gained 2.56%, while they have eased -1.30% 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 $1.33 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.

Primaris REIT's average recommendation is "Moderate Buy" based on 4.00 analysts according to Zacks. Currently, there are 2 buy ratings and 2 hold ratings for the stock.

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