Closing Bell: European Residential Real Estate Invs. Trust down on Wednesday (ERE-UN)
In market activity today, European Residential Real Estate Invs. Trust shares closed at $2.65 after opening the day at $2.75. Intraday prices ranged from a low of $2.65 to a high of $2.79.
The price shrank -2.21% from the previous day's close of $2.71.
During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.
European Residential Real Estate Invs. Trust has listed on the Toronto Stock Exchange (TSX) under the ticker ERE-UN.
Trading volume was 66,454 on 177 total trades. On average, European Residential Real Estate Invs. Trust has traded 93,588 shares over the last 5-days and 74,387 year-to-date.
The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 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 -8.62 percent in 52 weeks, while they have gained 2.71% 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 $248.67 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.
Based on 9.00 analysts, European Residential Real Estate Invs. Trust gets an average recommendation of "Moderate Buy" according to Zacks. From those 9 analysts, 5 have buy ratings and 4 analysts gave hold ratings.
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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..
