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Closing Bell: Interrent Real Estate Investment Trust up on Tuesday (IIP-UN)

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

In market activity today, Interrent Real Estate Investment Trust opened at $12.31 and closed at $12.68. prices ranged from $12.25 to $12.69.

Shares advanced 1.36% from the previous day's close of $12.51.

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.

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

Trading volume was 191,471 on 1,181 total trades, while having an average volume of 331,587 over the last 5-days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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, in the last 12 months, Interrent Real Estate Investment Trust's shares have dipped -0.86 percent, while they have eased -4.16% since the start of 2024.

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.

Based on 11.00 analysts, Interrent Real Estate Investment Trust gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 8 buy ratings and 3 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..