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Closing Bell: Inovalis REIT up on Thursday (INO-UN)

Automated Summaries - The Globe and Mail - Thu Jul 11, 4:01PM CDT

Today in trading, shares of Inovalis REIT opened at $1.01 and closed at $1.05. Intraday prices ranged from $1.00 to $1.05.

Shares boosted 2.94 percent from the previous day's close of $1.02.

During the day across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

Inovalis REIT traded under INO-UN on the Toronto Stock Exchange (TSX).

A total of 34,100 shares was traded during the session, with total trades of 116. On average, Inovalis REIT has traded 49,238 shares in the last five days and 41,651 year-to-date.

The TSX overall saw 4,281 price advancers against 982 declines and 87 unchanged.

During the prior 52 weeks, INO-UN.TO has traded as high as $3.95 (July 26,2023) and low as $0.69 (November 14,2023). Moreover, the shares have shrunken -68.84 percent in the last 12 months, while this year, they have shrunken -38.24%.

It announced a 0.03 dividend on August 09/23, with an October 30/23 ex-date and November 15/23 pay day.

Following today's trading, Inovalis REIT has a market capitalization of $33.25 million on a float of 32,595 shares outstanding. Its annual EPS is $-1.38.

Inovalis REIT is a TSX REIT company headquartered in Toronto, CAN.

Currently, Inovalis REIT's consensus rating is "Hold" based on 2 analysts according to Zacks. Currently, there are 2 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..