Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$11.82 and traded as low as C$10.57. Dream Industrial Real Estate Invest Trst shares last traded at C$10.67, with a volume of 508,579 shares.
Wall Street Analyst Weigh In
DIR.UN has been the subject of a number of recent analyst reports. TD Securities cut their target price on 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 report on Thursday. Scotiabank cut their target price on Dream Industrial Real Estate Invest Trst from C$16.00 to C$14.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 8th. Finally, Raymond James cut their target price on Dream Industrial Real Estate Invest Trst from C$15.75 to C$14.50 in a research report on Monday, January 13th.
Get Our Latest Stock Analysis on DIR.UN
Dream Industrial Real Estate Invest Trst Stock Performance
The company has a market cap of C$2.83 billion, a PE ratio of 16.82 and a beta of 1.25. 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 company has a 50-day moving average of C$10.85 and a 200-day moving average of C$11.73.
Dream Industrial Real Estate Invest Trst Company Profile
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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.
Further Reading
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