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

Today, Morguard Na Residential REIT Units shares opened at $16.39 and closed at $16.28. Intraday prices ranged from a low of $16.28 to a high of $16.56.

The price decreased -1.33% from the previous day's close of $16.50.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

Trading volume was 24,306 on 139 total trades. On average, Morguard Na Residential REIT Units has traded 39,091 shares in the last five days and 28,398 year-to-date.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 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, the shares have eased -2.69% in the last 12 months, while this year, they have soared 10.22%.

It announced a 0.06 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $620.57 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.

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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