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Dream Unlimited (TSE:DRM) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

Dream Unlimited logo with Real Estate background

Dream Unlimited Corp. (TSE:DRM - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$25.74 and traded as low as C$21.74. Dream Unlimited shares last traded at C$21.89, with a volume of 21,709 shares changing hands.

Dream Unlimited Stock Performance

The company has a market capitalization of C$895.19 million, a price-to-earnings ratio of -41.14 and a beta of 1.39. The company has a debt-to-equity ratio of 135.03, a current ratio of 5.58 and a quick ratio of 0.67. The stock has a 50 day moving average price of C$21.75 and a two-hundred day moving average price of C$25.77.

Dream Unlimited Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend was Friday, December 13th. Dream Unlimited's dividend payout ratio is -112.10%.

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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