Closing Bell: Slate Office REIT down on Wednesday (SOT-UN)

Slate Office REIT opened trading today at $0.28 and closed at $0.27. prices ranged from $0.26 to $0.28.

The price shrank -3.64 percent from the previous day's close of $0.28.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Slate Office REIT traded under SOT-UN on the Toronto Stock Exchange (TSX).

A total of 64,049 shares was traded during the session, with total trades of 43, while having an average volume of 62,934 over 5 days.

The TSX market on the whole today saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, SOT-UN.TO has traded as high as $1.97 (July 18,2023) and low as $0.21 (July 02,2024). Moreover, the shares have plummeted -86.48 percent in the last 12 months, while this year, they have shrunken -67.28%.

It announced a 0.01 dividend on October 16/23, with an October 30/23 ex-date and November 15/23 pay day.

Following today's trading, Slate Office REIT has a market capitalization of $22.01 million on a float of 80,049 shares outstanding. Its annual EPS is $-1.64.

Slate Office REIT is a None company headquartered in Toronto, CAN.

Currently, Slate Office REIT's consensus rating is "Strong Sell" based on 5 analysts according to Zacks. From those 5 analysts, 4 have sell ratings and 1 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..