Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Hits New 52-Week Low - Time to Sell?

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report)'s stock price hit a new 52-week low on Friday . The company traded as low as C$10.71 and last traded at C$10.71, with a volume of 115002 shares. The stock had previously closed at C$11.09.

Analyst Upgrades and Downgrades

DIR.UN has been the topic of several recent research reports. Scotiabank cut their price target on 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. Raymond James cut their target price on Dream Industrial Real Estate Invest Trst from C$15.75 to C$14.50 in a research note on Monday, January 13th.

Dream Industrial Real Estate Invest Trst Trading Up 5.0 %

The company has a debt-to-equity ratio of 63.72, a quick ratio of 0.25 and a current ratio of 0.40. The firm has a market cap of C$2.81 billion, a P/E ratio of 16.67 and a beta of 1.25. The company has a 50 day moving average of C$11.50 and a 200 day moving average of C$12.35.

About Dream Industrial Real Estate Invest Trst

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.