Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$11.61 and traded as low as C$10.70. Dream Industrial Real Estate Invest Trst shares last traded at C$10.86, with a volume of 483,966 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on DIR.UN. TD Securities lowered their price objective on shares of Dream Industrial Real Estate Invest Trst from C$13.00 to C$12.50 and set a "buy" rating for the company in a research note on Thursday, May 8th. Scotiabank cut their price objective on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$14.00 and set a "sector perform" rating on the stock in a report on Tuesday, April 8th. Finally, Royal Bank of Canada cut their price objective on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$14.00 in a report on Monday, May 12th.
View Our Latest Stock Report on DIR.UN
Dream Industrial Real Estate Invest Trst Stock Performance
The firm has a 50-day simple moving average of C$10.65 and a 200-day simple moving average of C$11.54. The company has a quick ratio of 0.25, a current ratio of 0.40 and a debt-to-equity ratio of 63.72. The stock has a market cap of C$2.93 billion, a PE ratio of 17.38 and a beta of 1.25.
About Dream Industrial Real Estate Invest Trst
(
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Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada and the U.S. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.
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