Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Shares Up 0.2% – Time to Buy?

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) rose 0.2% during mid-day trading on Monday . The company traded as high as $9.49 and last traded at $9.49. Approximately 1,954 shares changed hands during trading, a decline of 95% from the average daily volume of 36,983 shares. The stock had previously closed at $9.47.

Wall Street Analyst Weigh In

Separately, Scotiabank reaffirmed an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Dream Industrial Real Estate Investment Trust Trading Up 0.2%

The stock has a 50-day moving average of $8.95 and a 200 day moving average of $8.84.

About Dream Industrial Real Estate Investment Trust

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) is a Canadian-based real estate investment trust focused on owning, managing and developing industrial properties. The trust’s portfolio comprises modern warehouses, distribution centres and manufacturing facilities that serve a broad tenant base, including third-party logistics providers, e-commerce operators and light-industrial companies. Its assets are strategically located to support supply chain networks and distribution channels across key markets in North America.

As of its most recent reporting, Dream Industrial’s real estate holdings are diversified by geography and property type.