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

In today's trading, shares of Dream Residential Real Estate Investment opened at $6.66 and closed at $6.49. prices ranged from a low of $6.49 to a high of $6.79.

Shares dipped -1.82 percent from the previous day's close of $6.61.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 5,900 on 17 total trades, with an average volume of 3,456 over the last 5 days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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, the shares have shrunken -13.58% in 52 weeks, while they have decreased -3.85% 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 $105.33 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.

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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..