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

Primaris REIT opened trading today at $13.22 and closed at $13.34. Intraday prices ranged from $13.21 to $13.51.

Share prices advanced 0.68% from the previous day's close of $13.25.

Today across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

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

Trading volume was 76,624 on 548 total trades, with an average volume of 76,015 over 5 days.

Trading across the entire TSX saw 4,281 price advancers against 982 declines and 87 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 12 months, Primaris REIT's shares have advanced 1.83 percent, while they have shrunken -3.33% this year.

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 $1.28 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..