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

In trading today, shares of Dream Residential Real Estate Investment opened at $6.38 and closed at $6.25. It traded at a low of $6.25 to a high of $6.40.

Share prices raised 0.64 percent from the previous day's close of $6.21.

Today across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

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

A total of 900 shares was traded during the last trading day, with total trades of 7, while having an average volume of 3,340 in the last five days.

Trading across the entire TSX saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, DRR-U.TO has traded as high as $7.99 (July 13,2023) and low as $5.37 (November 01,2023). Moreover, the shares have decreased -20.79 percent in the last 12 months, while this year, they have dipped -7.41%.

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 $98.95 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..