Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$19.54 and traded as high as C$19.91. Dream Office Real Estate Investment Trst shares last traded at C$19.71, with a volume of 11,557 shares trading hands.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on D.UN shares. Canaccord Genuity Group boosted their target price on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the stock a "hold" rating in a research note on Monday, September 23rd. Scotiabank increased their target price on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a "sector perform" rating in a research report on Wednesday, August 14th. National Bankshares boosted their price target on shares of Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research report on Wednesday, October 9th. Cormark dropped their price objective on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Finally, TD Securities boosted their target price on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the company a "hold" rating in a report on Wednesday, September 4th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of C$18.75.
Get Our Latest Analysis on Dream Office Real Estate Investment Trst
Dream Office Real Estate Investment Trst Price Performance
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 company has a 50-day simple moving average of C$21.49 and a 200-day simple moving average of C$19.55. The stock has a market cap of C$322.06 million, a PE ratio of -6.77 and a beta of 1.21.
Insiders Place Their Bets
In related news, Director Kellie Leitch sold 1,784 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of C$22.68, for a total transaction of C$40,455.23. Also, Director Jane Gavan sold 14,700 shares of the firm's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of C$22.24, for a total value of C$326,975.04. 47.23% of the stock is owned by company insiders.
Dream Office Real Estate Investment Trst Company Profile
(
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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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