Closing Bell: Dream Residential Real Estate Investment up on Friday (DRR-U)

In market activity today, shares of Dream Residential Real Estate Investment opened at $6.57 and closed at $6.60. prices ranged from a low of $6.57 to a high of $6.60.

The price advanced 0.76 percent from the previous day's close of $6.55.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

Trading volume was 1,300 on 5 total trades, while having an average volume of 4,200 over 5 days.

Trading across the entire TSX saw 3,857 price advancers against 1,325 declines and 128 unchanged.

During the prior 52 weeks, DRR-U.TO has traded as high as $7.79 (August 11,2023) and low as $5.37 (November 01,2023). Moreover, in the last 12 months, Dream Residential Real Estate Investment's shares have dipped -16.46 percent, while this year, they have slipped -2.22%.

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 $104.37 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..