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Closing Bell: Canadian Net Real Estate Investment Trust down on Thursday (NET-UN)

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:02PM CDT

Canadian Net Real Estate Investment Trust opened trading today at $5.56 and closed at $5.48. prices ranged from a low of $5.48 to a high of $5.56.

The price eased -1.97% from the previous day's close of $5.59.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Canadian Net Real Estate Investment Trust has listed on the Toronto Venture Exchange (TSX-V) under the ticker NET-UN.

Trading volume was 6,630 on 19 total trades, with an average volume of 9,081 in the last five days.

The TSX-V market on the whole today saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, NET-UN.VN has traded as high as $5.59 (July 31,2024) and low as $4.58 (October 11,2023). Moreover, the shares have gained 5.38 percent in the last 52 weeks, while they have boosted 12.99% since the start of 2024.

It announced a 0.03 dividend on May 22/24, with an September 13/24 ex-date and September 30/24 pay day.

Following today's trading, Canadian Net Real Estate Investment Trust has a market capitalization of $114.94 million on a float of 20,561 shares outstanding. Its annual EPS is $0.71.

Canadian Net Real Estate Investment Trust is a TSX REIT company headquartered in Pointe Claire, CAN.

Canadian Net Real Estate Investment Trust's average recommendation is "Moderate Buy" based on 4.00 analysts according to Zacks. Currently, there are 2 buy ratings and 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..