Closing Bell: True North Commercial REIT down on Tuesday (TNT-UN)

In market activity today, True North Commercial REIT shares closed at $8.45 after opening the day at $8.64. Intraday prices ranged from $8.45 to $8.76.

Shares eased -3.65% from the previous day's close of $8.77.

During the day across North America, the TSX Composite closed 0.30% at 22126.13, the S&P 500 closed 0.10% at 5572.85, the Dow Jones Industrial Average closed -0.08% at 39344.79 and the Nasdaq Composite closed 0.28% at 18403.74.

True North Commercial REIT has listed on the Toronto Stock Exchange (TSX) under the ticker TNT-UN.

Trading volume was 28,643 on 163 total trades, with an average volume of 18,281 over the last 5 days.

The TSX market on the whole today saw 2,207 price advancers against 3,008 declines and 106 unchanged.

During the prior 52 weeks, TNT-UN.TO has traded as high as $15.87 (July 21,2023) and low as $6.33 (November 14,2023). Moreover, the shares have shrunken -37.73 percent in 52 weeks, while they have dipped -15.92% since the start of 2024.

It announced a 0.14 dividend on October 16/23, with an October 30/23 ex-date and November 15/23 pay day.

Following today's trading, True North Commercial REIT has a market capitalization of $129.82 million on a float of 14,803 shares outstanding. Its annual EPS is $-2.69.

True North Commercial REIT is a TSX REIT company headquartered in Toronto, CAN.

True North Commercial REIT is holding an average recommendation of "Hold" from 4.00 analysts according to Zacks. From those 4 analysts, 4 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..