Dream Office Real Estate Investment Trst (TSE:D.UN) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Dream Office Real Estate Investment Trst (TSE:D.UNGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$17.18 and traded as high as C$18.51. Dream Office Real Estate Investment Trst shares last traded at C$18.37, with a volume of 19,479 shares traded.

Analyst Upgrades and Downgrades

D.UN has been the subject of several analyst reports. Scotiabank raised their target price on Dream Office Real Estate Investment Trst from C$17.50 to C$18.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 12th. National Bankshares raised their target price on Dream Office Real Estate Investment Trst from C$17.00 to C$21.50 and gave the stock a “sector perform” rating in a research report on Wednesday, October 8th. Finally, Cormark raised their target price on Dream Office Real Estate Investment Trst from C$20.00 to C$23.50 in a research report on Friday, September 12th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$19.80.

Read Our Latest Analysis on Dream Office Real Estate Investment Trst

Dream Office Real Estate Investment Trst Stock Performance

The stock has a market capitalization of C$300.63 million, a price-to-earnings ratio of -2.09 and a beta of 1.11. The stock has a fifty day simple moving average of C$19.15 and a two-hundred day simple moving average of C$17.18. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08.

About Dream Office Real Estate Investment Trst

(Get Free Report)

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company’s real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario.

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