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

True North Commercial REIT opened trading today at $8.96 and closed at $8.89. It traded at a low of $8.61 to a high of $9.10.

The price shrank -3.37 percent from the previous day's close of $9.20.

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.

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

Trading volume was 62,064 on 234 total trades. On average, True North Commercial REIT has traded 29,617 shares over the last 5-days and 34,841 year-to-date.

The TSX overall saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, TNT-UN.TO has traded as high as $15.58 (August 08,2023) and low as $6.33 (November 14,2023). Moreover, in the last 52 weeks, True North Commercial REIT's shares have reduced -38.16 percent, while they have eased -11.54% 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 $131.60 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's average recommendation is "Hold" based on 3.00 analysts according to Zacks. Currently, there are 3 hold ratings for the stock.

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..