Skip to main content

Closing Bell: European Residential Real Estate Invs. Trust up on Monday (ERE-UN)

Automated Summaries - The Globe and Mail - Mon Jul 22, 4:02PM CDT

European Residential Real Estate Invs. Trust opened trading today at $2.74 and closed at $2.80. It traded at a low of $2.72 to a high of $2.82.

Shares boosted 3.70% from the previous day's close of $2.70.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

European Residential Real Estate Invs. Trust has listed on the Toronto Stock Exchange (TSX) under the ticker ERE-UN.

A total of 175,612 shares was traded during the last trading day, with total trades of 247. On average, European Residential Real Estate Invs. Trust has traded 145,667 shares over 5 days and 74,213 year-to-date.

The TSX market on the whole today saw 3,734 price advancers against 1,480 declines and 101 unchanged.

During the prior 52 weeks, ERE-UN.TO has traded as high as $2.92 (July 26,2023) and low as $2.12 (October 30,2023). Moreover, the shares have eased -2.44 percent in 52 weeks, while in 2024, they have boosted 8.53%.

It announced a 0.01 dividend on July 15/24, with an July 31/24 ex-date and January 01/70 pay day.

Following today's trading, European Residential Real Estate Invs. Trust has a market capitalization of $247.75 million on a float of 91,760 shares outstanding. Its annual EPS is $0.06.

European Residential Real Estate Invs. Trust is a TSX REIT company headquartered in Toronto, CAN.

European Residential Real Estate Invs. Trust's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. Currently, there are 5 buy ratings and 4 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..