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Dream Office Real Estate Investment Trst (TSE:D.UN) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Dream Office Real Estate Investment Trst logo with Real Estate background

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$16.82 and traded as high as C$17.10. Dream Office Real Estate Investment Trst shares last traded at C$16.67, with a volume of 14,351 shares traded.

Analysts Set New Price Targets

D.UN has been the subject of a number of analyst reports. Canaccord Genuity Group cut their price target on Dream Office Real Estate Investment Trst from C$20.00 to C$16.50 in a report on Monday, May 12th. Scotiabank dropped their price objective on Dream Office Real Estate Investment Trst from C$20.50 to C$17.50 and set a "sector perform" rating for the company in a research note on Thursday, May 22nd.

Get Our Latest Stock Analysis on Dream Office Real Estate Investment Trst

Dream Office Real Estate Investment Trst Stock Performance

The company has a market cap of C$276.15 million, a PE ratio of -5.81 and a beta of 1.21. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31. The business has a fifty day moving average of C$15.96 and a 200-day moving average of C$16.80.

About Dream Office Real Estate Investment Trst

(Get Free Report)

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.

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