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

In trading today, shares of Primaris REIT opened at $13.76 and closed at $14.16. Intraday prices ranged from $13.76 to $14.19.

The price raised 2.09% from the previous day's close of $13.87.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 206,975 on 1,428 total trades, while having an average volume of 141,537 in the last five days.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 6.47 percent, while in 2024, they have gained 2.61%.

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 $1.36 billion on a float of 96,031 shares outstanding. Its annual EPS is $1.27.

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.

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..