Closing Bell: Dream Industrial REIT down on Wednesday (DIR-UN)

Today in trading, shares of Dream Industrial REIT opened at $13.38 and closed at $12.93. Intraday prices ranged from $12.89 to $13.45.

The price eased -2.27% from the previous day's close of $13.23.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Dream Industrial REIT traded under DIR-UN on the Toronto Stock Exchange (TSX).

A total of 527,292 shares was traded during the session, with total trades of 2,353, with an average volume of 553,136 over the last 5 days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, DIR-UN.TO has traded as high as $14.64 (August 08,2023) and low as $11.53 (October 30,2023). Moreover, the shares have dipped -9.26% in the last 12 months, while they have dipped -7.38% since the start of 2024.

It announced a 0.06 dividend on July 22/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Dream Industrial REIT has a market capitalization of $3.81 billion on a float of 288,193 shares outstanding. Its annual EPS is $0.69.

Dream Industrial REIT is a TSX REIT company headquartered in Toronto, CAN.

Dream Industrial REIT is holding an average recommendation of "Strong Buy" from 10.00 analysts according to Zacks. Currently, there are 10 buy ratings for the stock.

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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..