Closing Bell: Dream Residential Real Estate Investment down on Thursday (DRR-U)

Dream Residential Real Estate Investment opened trading today at $6.55 and closed at $6.32. It traded at a low of $6.32 to a high of $6.55.

The price decreased -4.24% from the previous day's close of $6.60.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Dream Residential Real Estate Investment has listed on the Toronto Stock Exchange (TSX) under the ticker DRR-U.

Trading volume was 3,600 on 11 total trades, with an average volume of 3,699 over 5 days.

The TSX overall saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, DRR-U.TO has traded as high as $7.91 (July 25,2023) and low as $5.37 (November 01,2023). Moreover, in the last 12 months, Dream Residential Real Estate Investment's shares have reduced -17.06%, while this year, they have dipped -6.37%.

It announced a 0.04 dividend on June 18/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Dream Residential Real Estate Investment has a market capitalization of $105.17 million on a float of 15,935 shares outstanding. Its annual EPS is $-0.27.

Dream Residential Real Estate Investment is a TSX REIT company headquartered in Toronto, CAN.

Currently, Dream Residential Real Estate Investment's consensus rating is "Moderate Buy" based on 7 analysts according to Zacks. Currently, there are 5 buy ratings and 2 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..