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

In trading today, shares of Primaris REIT opened at $14.00 and closed at $13.71. Intraday prices ranged from $13.69 to $14.10.

Share prices dipped -2.21 percent from the previous day's close of $14.02.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 296,965 shares was traded during the session, with total trades of 1,125, while having an average volume of 204,436 over 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 advanced 2.93%, while in 2024, they have eased -0.65%.

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 96,031 shares outstanding. Its annual EPS is $1.27.

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

Based on 5.00 analysts, Primaris REIT gets an average recommendation of "Moderate Buy" according to Zacks. From those 5 analysts, 3 have buy ratings and 2 analysts gave hold ratings.

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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..