Closing Bell: True North Commercial REIT up on Thursday (TNT-UN)

Today during trading, True North Commercial REIT stock opened at $8.47 and closed at $8.78. It traded at a low of $8.47 to a high of $8.94.

Shares gained 4.40% from the previous day's close of $8.41.

During the day across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

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

Trading volume was 72,756 on 230 total trades, with an average volume of 29,636 over the last 5 days.

Trading across the entire TSX saw 4,281 price advancers against 982 declines and 87 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, in the last 12 months, True North Commercial REIT's shares have shrunken -34.75%, while in 2024, they have dipped -12.64%.

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 $124.50 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.

Based on 4.00 analysts, True North Commercial REIT gets an average recommendation of "Hold" according to Zacks. From those 4 analysts, 4 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..