Dream Global REIT (TSE:DRG.UN) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Dream Global REIT (TSE:DRG.UNGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$16.79 and traded as high as C$16.79. Dream Global REIT shares last traded at C$16.79, with a volume of 630,471 shares trading hands.

Dream Global REIT Stock Performance

The firm’s 50-day moving average price is C$16.79. The stock has a market capitalization of C$3.27 billion and a P/E ratio of 4.78. The company has a current ratio of 0.87, a quick ratio of 0.73 and a debt-to-equity ratio of 81.99.

Dream Global REIT Company Profile

(Get Free Report)

Dream Global REIT is a real estate investment trust that provides investors with the opportunity to invest in commercial real estate exclusively outside of Canada. Dream Global REIT's portfolio currently consists of approximately 19.9 million square feet of gross leasable area of office, industrial and mixed-use properties across Germany, the Netherlands, Austria and Belgium.

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