Artis Real Estate Investment Trust Buys 15,800 Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust purchased 15,800 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of C$17.40 per share, with a total value of C$274,961.08.

Dream Office Real Estate Investment Trst Stock Up 0.4 %

Shares of D.UN stock traded up C$0.07 during trading hours on Friday, reaching C$17.22. The company had a trading volume of 14,986 shares, compared to its average volume of 15,693. The company has a market cap of C$281.37 million, a price-to-earnings ratio of -5.92 and a beta of 1.21. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a 12 month low of C$15.31 and a 12 month high of C$23.04. The business has a fifty day simple moving average of C$17.99 and a 200-day simple moving average of C$19.41.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on D.UN shares. Scotiabank dropped their price target on Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Desjardins cut their target price on Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating on the stock in a report on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$20.50.

Dream Office Real Estate Investment Trst Company Profile

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.