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

Primaris REIT opened trading today at $13.58 and closed at $13.65. prices ranged from a low of $13.51 to a high of $13.69.

Share prices advanced 0.59 percent from the previous day's close of $13.57.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

Trading volume was 77,207 on 501 total trades. On average, Primaris REIT has traded 74,368 shares over 5 days and 133,097 year-to-date.

The TSX market on the whole today saw 3,258 price advancers against 1,978 declines and 100 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 2.09%, while in 2024, they have dipped -1.09%.

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 $1.31 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.

Currently, Primaris REIT's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. Currently, there are 3 buy ratings and 1 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..