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

Today, Dream Residential Real Estate Investment shares closed at $6.37 after opening the day at $6.25. prices ranged from $6.25 to $6.40.

Share prices boosted 0.16% from the previous day's close of $6.36.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

Trading volume was 4,831 on 16 total trades, while having an average volume of 2,924 in the last five days.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 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 -18.12 percent in the last 52 weeks, while they have dipped -5.63% year-to-date.

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 $101.34 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. 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..