Closing Bell: Choice Properties REIT up on Friday (CHP-UN)

In market activity today, Choice Properties REIT shares opened at $13.45 and closed at $13.57. Intraday prices ranged from $13.41 to $13.66.

Shares gained 1.19 percent from the previous day's close of $13.41.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed -0.88% at 5584.54, the Dow Jones Industrial Average closed 0.08% at 39753.75 and the Nasdaq Composite closed -1.95% at 18283.41.

Choice Properties REIT has listed on the Toronto Stock Exchange (TSX) under the ticker CHP-UN.

Trading volume was 378,042 on 1,767 total trades, with an average volume of 342,333 over 5 days.

The TSX market on the whole today saw 3,781 price advancers against 1,454 declines and 97 unchanged.

During the prior 52 weeks, CHP-UN.TO has traded as high as $14.46 (January 25,2024) and low as $11.79 (October 30,2023). Moreover, in the last 12 months, Choice Properties REIT's shares have gained 1.42 percent, while this year, they have dipped -2.72%.

It announced a 0.06 dividend on June 13/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Choice Properties REIT has a market capitalization of $4.40 billion on a float of 327,860 shares outstanding. Its annual EPS is $0.92.

Choice Properties REIT is a TSX REIT company headquartered in Toronto, CAN.

Choice Properties REIT is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. Currently, there are 6 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..