Dream Unlimited Corp. (TSE:DRM - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$22.82 and traded as low as C$18.02. Dream Unlimited shares last traded at C$18.58, with a volume of 18,927 shares.
Analyst Upgrades and Downgrades
Separately, TD Securities decreased their target price on Dream Unlimited from C$33.00 to C$28.00 in a research note on Monday, April 21st.
Check Out Our Latest Stock Report on Dream Unlimited
Dream Unlimited Price Performance
The firm has a market capitalization of C$755.34 million, a P/E ratio of -34.71 and a beta of 1.39. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58. The business has a 50 day simple moving average of C$19.57 and a two-hundred day simple moving average of C$22.82.
Dream Unlimited Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a dividend of $0.1625 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Dream Unlimited's previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a dividend yield of 3.50%. Dream Unlimited's dividend payout ratio is -112.10%.
Insider Activity
In other news, Director Jennifer Koss sold 3,076 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of C$18.64, for a total transaction of C$57,336.64. Also, Director Jane Gavan sold 8,355 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of C$19.84, for a total value of C$165,763.20. Corporate insiders own 47.16% of the company's stock.
About Dream Unlimited
(
Get Free Report)
DREAM Unlimited Corp is a real estate company. The company's divisions include Asset management; Stabilized income generating assets; Urban development - Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.
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