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

Today in trading, Dream Residential Real Estate Investment shares closed at $6.69 after opening the day at $6.70. Intraday prices ranged from a low of $6.60 to a high of $6.70.

Shares shrank -0.45% from the previous day's close of $6.72.

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

A total of 9,900 shares was traded during the last trading day, with total trades of 10, with an average volume of 4,267 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, 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 dipped -12.89 percent in the last 12 months, while in 2024, they have decreased -0.89%.

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 $107.08 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..