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

Today, European Residential Real Estate Invs. Trust opened at $2.79 and closed at $2.71. Intraday prices ranged from $2.71 to $2.79.

The price shrank -3.21 percent from the previous day's close of $2.80.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

Trading volume was 106,935 on 136 total trades, with an average volume of 100,974 over the last 5 days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 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 dipped -5.57% in the last 52 weeks, while they have raised 5.04% since the start of 2024.

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 $256.93 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 is holding an average recommendation of "Moderate Buy" from 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..