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

Today in trading, shares of Morguard Na Residential REIT Units opened at $16.19 and closed at $16.38. prices ranged from $16.19 to $16.46.

Share prices advanced 1.17% from the previous day's close of $16.19.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

Trading volume was 19,419 on 114 total trades, with an average volume of 23,482 in the last five days.

The TSX market on the whole today saw 1,821 price advancers against 3,352 declines and 121 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 dipped -2.27%, while they have advanced 10.90% this year.

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 $608.91 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's consensus rating is "Moderate Buy" based on 2 analysts according to Zacks. Currently, there are 2 buy ratings for the stock.

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