Dream Unlimited Corp. (TSE:DRM - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$25.40 and traded as low as C$22.11. Dream Unlimited shares last traded at C$22.25, with a volume of 11,750 shares traded.
Analyst Upgrades and Downgrades
Separately, TD Securities upped their target price on Dream Unlimited from C$33.00 to C$35.00 and gave the company a "buy" rating in a report on Wednesday, September 4th.
View Our Latest Research Report on Dream Unlimited
Dream Unlimited Trading Down 0.9 %
The company has a quick ratio of 0.67, a current ratio of 1.45 and a debt-to-equity ratio of 129.72. The stock has a market capitalization of C$892.14 million, a price-to-earnings ratio of -200.45 and a beta of 1.39. The company's 50-day moving average is C$26.29 and its 200-day moving average is C$25.42.
Dream Unlimited Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend is Friday, December 13th. Dream Unlimited's payout ratio is presently -545.45%.
Insider Activity at Dream Unlimited
In related news, Director Jennifer Koss sold 40,038 shares of the firm's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$25.51, for a total transaction of C$1,021,369.38. 47.16% of the stock is currently owned by insiders.
Dream Unlimited Company Profile
(
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Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.
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