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Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Dream Industrial Real Estate Invest Trst logo with Real Estate background
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Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.55 and traded as low as C$11.39. Dream Industrial Real Estate Invest Trst shares last traded at C$11.47, with a volume of 802,715 shares changing hands.

Analyst Ratings Changes

Separately, Raymond James reduced their price objective on Dream Industrial Real Estate Invest Trst from C$15.75 to C$14.50 in a research note on Monday, January 13th.

View Our Latest Report on DIR.UN

Dream Industrial Real Estate Invest Trst Trading Down 0.7 %

The company has a market cap of C$3.12 billion, a P/E ratio of 18.52 and a beta of 1.25. The firm has a 50-day moving average of C$11.69 and a 200 day moving average of C$12.51. The company has a current ratio of 0.40, a quick ratio of 0.25 and a debt-to-equity ratio of 63.72.

About Dream Industrial Real Estate Invest Trst

(Get Free Report)

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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