Dream Office Real Estate Investment Trst (TSE:D.UN) Shares Cross Below Two Hundred Day Moving Average - Here's Why

Key Points

• Shares traded below their 200-day moving average (200‑day MA C$18.01), hitting a low of C$16.02 and last trading at C$16.12 on a volume of 12,396 shares.
• Analysts collectively rate the stock a Hold with an average target of C$19.42, after recent target revisions clustered around C$19.00–C$19.50.
• The trust reported a C($1.49) EPS for the quarter, posted negative ROE and net margin, and shows high leverage (debt-to-equity 115.31) and very weak liquidity (current ratio 0.08), highlighting financial strain despite a C$263.9M market cap.

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$18.01 and traded as low as C$16.02. Dream Office Real Estate Investment Trst shares last traded at C$16.12, with a volume of 12,396 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Scotiabank boosted their price target on shares of Dream Office Real Estate Investment Trst from C$18.25 to C$19.50 and gave the company a "sector perform" rating in a research report on Monday, February 23rd. Desjardins boosted their target price on shares of Dream Office Real Estate Investment Trst from C$18.50 to C$19.00 and gave the stock a "hold" rating in a research note on Monday, February 23rd. Finally, National Bank Financial dropped their target price on shares of Dream Office Real Estate Investment Trst from C$20.00 to C$19.50 and set a "sector perform" rating for the company in a research note on Monday, February 23rd. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Dream Office Real Estate Investment Trst currently has an average rating of "Hold" and an average target price of C$19.42.

Dream Office Real Estate Investment Trst Stock Performance

The company has a market capitalization of C$263.88 million, a P/E ratio of -1.95 and a beta of 0.97. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. The stock's 50 day simple moving average is C$17.11 and its two-hundred day simple moving average is C$18.01.

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported C($1.49) earnings per share for the quarter. Dream Office Real Estate Investment Trst had a negative return on equity of 3.21% and a negative net margin of 19.55%.The company had revenue of C$45.01 million during the quarter. As a group, research analysts expect that Dream Office Real Estate Investment Trst will post 1.4893899 earnings per share for the current year.

About Dream Office Real Estate Investment Trst

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid- to long-term lease agreements with tenants.

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