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

In trading today, shares of Dream Residential Real Estate Investment opened at $6.43 and closed at $6.55. prices ranged from a low of $6.43 to a high of $6.55.

The price advanced 3.48 percent from the previous day's close of $6.33.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

Trading volume was 3,800 on 8 total trades, while having an average volume of 3,960 over the last 5-days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, DRR-U.TO has traded as high as $7.90 (July 26,2023) and low as $5.37 (November 01,2023). Moreover, the shares have dipped -17.19% in the last 12 months, while they have eased -2.96% year-to-date.

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 $100.87 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's average recommendation is "Moderate Buy" based on 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..