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

In today's trading, shares of European Residential Real Estate Invs. Trust opened at $2.70 and closed at $2.74. It traded at a low of $2.69 to a high of $2.77.

Share prices advanced 0.74% from the previous day's close of $2.72.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 61,094 shares was traded during the session, with total trades of 146, with an average volume of 71,794 in the last five days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, ERE-UN.TO has traded as high as $2.88 (August 02,2023) and low as $2.12 (October 30,2023). Moreover, the shares have dipped -4.20 percent in the last 52 weeks, while they have boosted 6.20% 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 $249.59 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. 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..