Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$19.32 and traded as high as C$22.65. Dream Office Real Estate Investment Trst shares last traded at C$22.13, with a volume of 67,201 shares trading hands.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the company. Canaccord Genuity Group upped their target price on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the company a "hold" rating in a research report on Monday, September 23rd. National Bankshares increased their price objective 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. TD Securities boosted their target price on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a "hold" rating in a research report on Wednesday, September 4th. Cormark decreased their price target on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Finally, Scotiabank lifted their price objective 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 equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of C$18.75.
Check Out Our Latest Report on D.UN
Dream Office Real Estate Investment Trst Trading Down 1.2 %
The stock has a market cap of C$361.60 million, a PE ratio of -7.60 and a beta of 1.21. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The company has a 50 day moving average of C$20.77 and a two-hundred day moving average of C$19.34.
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 dated Thursday, October 17th. The stock was sold at an average price of C$22.68, for a total value of C$40,455.23. In other Dream Office Real Estate Investment Trst news, Director Kellie Leitch sold 1,784 shares of the firm's stock in a transaction on Thursday, October 17th. The stock was sold at an average price of C$22.68, for a total value 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 shares were sold at an average price of C$22.24, for a total value of C$326,975.04. 47.23% of the stock is currently owned by company insiders.
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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