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

In today's trading, shares of Primaris REIT opened at $13.68 and closed at $13.58. It traded at a low of $13.58 to a high of $13.80.

The price dipped -1.52% from the previous day's close of $13.79.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

Trading volume was 106,189 on 766 total trades. On average, Primaris REIT has traded 96,685 shares in the last five days and 132,434 year-to-date.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 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 raised 2.26%, while in 2024, they have dipped -1.59%.

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 $1.33 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 has an average recommendation of "Moderate Buy" based on 4.00 analysts according to Zacks. Currently, there are 3 buy ratings and 1 hold ratings for the stock.

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