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

In trading today, shares of Primaris REIT opened at $13.77 and closed at $14.03. prices ranged from a low of $13.72 to a high of $14.10.

The price climbed 1.23% from the previous day's close of $13.86.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

Trading volume was 123,980 on 716 total trades. On average, Primaris REIT has traded 106,697 shares in the last five days and 131,887 year-to-date.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 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 climbed 4.94 percent, while in 2024, they have advanced 1.67%.

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 $1.34 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.

Primaris REIT's average recommendation is "Moderate Buy" based on 4.00 analysts according to Zacks. From those 4 analysts, 2 have buy ratings and 2 analysts gave hold ratings.

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..