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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

In trading today, Interrent Real Estate Investment Trust shares opened at $12.77 and closed at $12.41. Intraday prices ranged from a low of $12.33 to a high of $12.93.

Share prices dipped -2.13 percent from the previous day's close of $12.68.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 266,775 on 1,674 total trades, with an average volume of 351,252 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 decreased -2.97% in 52 weeks, while they have eased -6.20% this year.

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 $1.84 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. 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..