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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

European Residential Real Estate Invs. Trust opened trading today at $2.66 and closed at $2.78. It traded at a low of $2.66 to a high of $2.78.

Share prices boosted 2.58% from the previous day's close of $2.71.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 97,390 shares was traded during the session, with total trades of 135. On average, European Residential Real Estate Invs. Trust has traded 85,905 shares over 5 days and 74,350 year-to-date.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, ERE-UN.TO has traded as high as $2.82 (July 22,2024) and low as $2.12 (October 30,2023). Moreover, in the last 12 months, European Residential Real Estate Invs. Trust's shares have boosted 1.09%, while they have boosted 7.75% 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.

Currently, European Residential Real Estate Invs. Trust has an average recommendation of "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..