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Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Share Price Passes Below Two Hundred Day Moving Average - Should You 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) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$12.64 and traded as low as C$11.49. Dream Industrial Real Estate Invest Trst shares last traded at C$11.58, with a volume of 354,410 shares traded.

Analyst Ratings Changes

Separately, Raymond James cut their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.75 to C$14.50 in a report on Monday, January 13th.

Get Our Latest Stock Analysis on Dream Industrial Real Estate Invest Trst

Dream Industrial Real Estate Invest Trst Stock Performance

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 stock has a market cap of C$3.20 billion, a price-to-earnings ratio of 19.02 and a beta of 1.25. The company's 50-day simple moving average is C$11.73 and its 200-day simple moving average is C$12.64.

Dream Industrial Real Estate Invest Trst Company Profile

(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.

See Also

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