Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Trading 0.7% Higher – Here’s Why

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) rose 0.7% during trading on Monday . The stock traded as high as $8.94 and last traded at $8.91. Approximately 117,747 shares changed hands during mid-day trading, an increase of 178% from the average daily volume of 42,288 shares. The stock had previously closed at $8.85.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DREUF shares. National Bankshares reaffirmed an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a report on Tuesday, July 15th. Scotiabank restated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.

Dream Industrial Real Estate Investment Trust Price Performance

The company’s 50-day moving average is $8.82 and its two-hundred day moving average is $8.29.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.