Closing Bell: Nexus Real Estate Investment Trust down on Wednesday (NXR-UN)

Today during trading, Nexus Real Estate Investment Trust shares closed at $7.34 after opening the day at $7.48. Intraday prices ranged from $7.29 to $7.52.

Share prices shrank -1.34 percent from the previous day's close of $7.44.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Nexus Real Estate Investment Trust traded under NXR-UN on the Toronto Stock Exchange (TSX).

Trading volume was 95,391 on 485 total trades, with an average volume of 125,840 over 5 days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, NXR-UN.TO has traded as high as $8.60 (January 09,2024) and low as $6.08 (October 26,2023). Moreover, the shares have dipped -9.49% in the last year, while in 2024, they have shrunken -9.27%.

It announced a 0.05 dividend on July 22/24, with an August 30/24 ex-date and September 16/24 pay day.

Following today's trading, Nexus Real Estate Investment Trust has a market capitalization of $526.32 million on a float of 70,742 shares outstanding. Its annual EPS is $2.91.

Nexus Real Estate Investment Trust is a TSX REIT company headquartered in Oakville, CAN.

Nexus Real Estate Investment Trust's average recommendation is "Moderate Buy" based on 10.00 analysts according to Zacks. Currently, there are 7 buy ratings and 3 hold ratings for the stock.

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