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Dream Office Real Estate Investment Trst (TSE:D.UN) Stock Crosses Above 200-Day Moving Average of $18.59

Dream Office Real Estate Investment Trst logo with Real Estate background

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$18.59 and traded as high as C$22.80. Dream Office Real Estate Investment Trst shares last traded at C$22.70, with a volume of 24,564 shares.

Analyst Ratings Changes

D.UN has been the subject of a number of recent analyst reports. Cormark lowered their price objective on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research report on Monday, August 19th. Canaccord Genuity Group boosted their price target 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. TD Securities upped their price objective on shares of 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. Finally, Scotiabank lifted their target price on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the stock a "sector perform" rating in a research note on Wednesday, August 14th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of C$18.28.

Read Our Latest Report on D.UN

Dream Office Real Estate Investment Trst Stock Down 0.6 %

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 business's 50 day moving average price is C$19.46 and its 200 day moving average price is C$18.59. The firm has a market cap of C$368.79 million, a PE ratio of -7.80 and a beta of 1.18.

Insider Activity

In related news, Director Jane Gavan sold 1,500 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of C$18.13, for a total transaction of C$27,201.00. Company insiders own 47.27% of the company's stock.

Dream Office Real Estate Investment Trst Company Profile

(Get Free Report)

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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