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

Today, shares of European Residential Real Estate Invs. Trust opened at $2.73 and closed at $2.71. It traded at a low of $2.70 to a high of $2.74.

Shares dipped -1.09 percent from the previous day's close of $2.74.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 39,768 shares was traded during the last trading day, with total trades of 84, while having an average volume of 67,718 over 5 days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, ERE-UN.TO has traded as high as $2.85 (August 03,2023) and low as $2.12 (October 30,2023). Moreover, the shares have eased -5.57% in the last 12 months, 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 $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. 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..