Closing Bell: True North Commercial REIT down on Wednesday (TNT-UN)

In trading today, True North Commercial REIT opened at $9.06 and closed at $8.38. prices ranged from $8.38 to $9.06.

Share prices dipped -4.66 percent from the previous day's close of $8.79.

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.

True North Commercial REIT traded under TNT-UN on the Toronto Stock Exchange (TSX).

A total of 38,127 shares was traded during the last trading day, with total trades of 224, with an average volume of 36,668 in the last five days.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, TNT-UN.TO has traded as high as $15.58 (August 08,2023) and low as $6.33 (November 14,2023). Moreover, the shares have shrunken -45.00% in the last year, while in 2024, they have reduced -16.62%.

It announced a 0.14 dividend on October 16/23, with an October 30/23 ex-date and November 15/23 pay day.

Following today's trading, True North Commercial REIT has a market capitalization of $130.12 million on a float of 14,803 shares outstanding. Its annual EPS is $-2.69.

True North Commercial REIT is a TSX REIT company headquartered in Toronto, CAN.

True North Commercial REIT is holding an average recommendation of "Hold" from 3.00 analysts according to Zacks. From those 3 analysts, 3 analysts gave hold ratings.

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..