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

Today during trading, Primaris REIT shares opened at $13.83 and closed at $13.87. Intraday prices ranged from $13.72 to $13.97.

Shares advanced 1.84 percent from the previous day's close of $13.62.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Primaris REIT traded under PMZ-UN on the Toronto Stock Exchange (TSX).

A total of 160,257 shares was traded during the session, with total trades of 1,121, while having an average volume of 118,102 over the last 5-days.

The TSX overall saw 907 price advancers against 4,327 declines and 72 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, the shares have advanced 3.05% in the last 12 months, while in 2024, they have boosted 0.51%.

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 has an average recommendation of "Moderate Buy" based on 4.00 analysts according to Zacks. From those 4 analysts, 2 have buy ratings and 2 analysts gave hold ratings.

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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..