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Closing Bell: Interrent Real Estate Investment Trust down on Friday (IIP-UN)

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Today, shares of Interrent Real Estate Investment Trust opened at $12.58 and closed at $12.51. prices ranged from a low of $12.40 to a high of $12.77.

Share prices reduced -1.50 percent from the previous day's close of $12.70.

Today 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.

Interrent Real Estate Investment Trust traded under IIP-UN on the Toronto Stock Exchange (TSX).

A total of 316,020 shares was traded during the session, with total trades of 1,474, with an average volume of 311,629 over 5 days.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, IIP-UN.TO has traded as high as $14.50 (February 23,2024) and low as $11.43 (October 30,2023). Moreover, the shares have shrunken -1.11 percent in 52 weeks, while in 2024, they have dipped -5.44%.

It announced a 0.03 dividend on July 16/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Interrent Real Estate Investment Trust has a market capitalization of $1.82 billion on a float of 145,314 shares outstanding. Its annual EPS is $0.24.

Interrent Real Estate Investment Trust is a TSX REIT company headquartered in Ottawa, CAN.

Currently, Interrent Real Estate Investment Trust's consensus rating is "Moderate Buy" based on 11 analysts according to Zacks. From those 11 analysts, 8 have buy ratings and 3 analysts gave hold ratings.

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..