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

In market activity today, Slate Office REIT shares opened at $0.35 and closed at $0.36. Intraday prices ranged from $0.35 to $0.39.

The price eased -1.37 percent from the previous day's close of $0.36.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 68,757 shares was traded during the last trading day, with total trades of 41, with an average volume of 55,108 over 5 days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, SOT-UN.TO has traded as high as $1.72 (August 29,2023) and low as $0.21 (July 02,2024). Moreover, the shares have plummeted -76.00 percent in the last 52 weeks, while they have shrunken -55.56% year-to-date.

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 $29.22 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..