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

In trading today, Choice Properties REIT shares opened at $13.71 and closed at $13.87. prices ranged from $13.71 to $13.95.

The price advanced 0.65 percent from the previous day's close of $13.78.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

Trading volume was 382,553 on 1,272 total trades, while having an average volume of 402,325 over the last 5-days.

The TSX market on the whole today saw 2,100 price advancers against 3,108 declines and 117 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, the shares have advanced 3.97% in the last 52 weeks, while this year, they have decreased -0.57%.

It announced a 0.06 dividend on July 16/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Choice Properties REIT has a market capitalization of $4.52 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.

Based on 8.00 analysts, Choice Properties REIT gets an average recommendation of "Moderate Buy" according to Zacks. From those 8 analysts, 6 have buy ratings and 2 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..