Closing Bell: Primaris REIT up on Wednesday (PMZ-UN)

In market activity today, Primaris REIT shares closed at $13.25 after opening the day at $13.25. prices ranged from $13.22 to $13.35.

Shares advanced 0.30% from the previous day's close of $13.21.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

Primaris REIT has listed on the Toronto Stock Exchange (TSX) under the ticker PMZ-UN.

A total of 59,171 shares was traded during the last trading day, with total trades of 436. On average, Primaris REIT has traded 68,772 shares in the last five days and 134,198 year-to-date.

Trading across the entire TSX saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, PMZ-UN.TO has traded as high as $14.24 (September 18,2023) and low as $12.25 (October 30,2023). Moreover, in the last 52 weeks, Primaris REIT's shares have raised 0.76 percent, while they have eased -3.99% since the start of 2024.

It announced a 0.07 dividend on July 08/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Primaris REIT has a market capitalization of $1.27 billion on a float of 96,327 shares outstanding. Its annual EPS is $1.17.

Primaris REIT is a TSX REIT company headquartered in Toronto, CAN.

Based on 4.00 analysts, Primaris REIT gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 3 buy ratings and 1 hold ratings for the stock.

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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..