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

Today during trading, shares of Dream Residential Real Estate Investment opened at $6.44 and closed at $6.33. It traded at a low of $6.33 to a high of $6.44.

Share prices dipped -0.31 percent from the previous day's close of $6.35.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 1,600 on 9 total trades. On average, Dream Residential Real Estate Investment has traded 3,920 shares over 5 days and 4,229 year-to-date.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 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, the shares have dipped -18.85% in the last 52 weeks, while in 2024, they have decreased -6.22%.

It announced a 0.04 dividend on July 22/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Dream Residential Real Estate Investment has a market capitalization of $101.19 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.

Dream Residential Real Estate Investment is holding an average recommendation of "Moderate Buy" from 7.00 analysts according to Zacks. From those 7 analysts, 5 have buy ratings and 2 analysts gave hold ratings.

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..