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Closing Bell: Morguard Na Residential REIT Units up on Wednesday (MRG-UN)

Automated Summaries - The Globe and Mail - Wed Jul 10, 4:01PM CDT

Morguard Na Residential REIT Units opened trading today at $15.67 and closed at $15.82. It traded at a low of $15.67 to a high of $15.88.

Share prices boosted 0.57 percent from the previous day's close of $15.73.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

Morguard Na Residential REIT Units has listed on the Toronto Stock Exchange (TSX) under the ticker MRG-UN.

A total of 25,697 shares was traded during the last trading day, with total trades of 130. On average, Morguard Na Residential REIT Units has traded 30,225 shares in the last five days and 27,996 year-to-date.

The TSX overall saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.00 (July 21,2023) and low as $13.08 (November 22,2023). Moreover, in the last 12 months, Morguard Na Residential REIT Units's shares have dipped -5.72 percent, while this year, they have boosted 7.11%.

It announced a 0.06 dividend on June 14/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $591.61 million on a float of 37,611 shares outstanding. Its annual EPS is $4.60.

Morguard Na Residential REIT Units is a TSX REIT company headquartered in Mississauga, CAN.

Morguard Na Residential REIT Units is holding an average recommendation of "Moderate Buy" from 2.00 analysts according to Zacks. Currently, there are 2 buy ratings for the stock.

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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..