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

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

Today, Morguard Na Residential REIT Units stock opened at $15.95 and closed at $16.09. Intraday prices ranged from $15.95 to $16.19.

Shares boosted 1.71% from the previous day's close of $15.82.

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.

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

A total of 39,820 shares was traded during the last trading day, with total trades of 179, while having an average volume of 35,048 in the last five days.

The TSX market on the whole today saw 4,281 price advancers against 982 declines and 87 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 52 weeks, Morguard Na Residential REIT Units's shares have eased -3.71%, while this year, they have raised 8.94%.

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 $595.00 million on a float of 37,738 shares outstanding. Its annual EPS is $4.60.

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

Currently, Morguard Na Residential REIT Units has an average recommendation of "Moderate Buy" based on 2.00 analysts according to Zacks. From those 2 analysts, 2 have buy 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..