Shares of Dream Unlimited Corp. (TSE:DRM - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$25.27 and traded as low as C$22.21. Dream Unlimited shares last traded at C$22.37, with a volume of 31,900 shares.
Analysts Set New Price Targets
Separately, TD Securities upped their price objective on Dream Unlimited from C$33.00 to C$35.00 and gave the company a "buy" rating in a research note on Wednesday, September 4th.
Get Our Latest Stock Report on DRM
Dream Unlimited Price Performance
The business has a 50-day moving average price of C$27.48 and a 200 day moving average price of C$25.30. The stock has a market cap of C$880.81 million, a PE ratio of -197.91 and a beta of 1.39. The company has a current ratio of 1.45, a quick ratio of 0.67 and a debt-to-equity ratio of 129.72.
Dream Unlimited Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.76%. The ex-dividend date is Friday, December 13th. Dream Unlimited's dividend payout ratio (DPR) is presently -545.45%.
Insider Transactions at Dream Unlimited
In other Dream Unlimited news, Director Jennifer Koss sold 40,038 shares of the stock in a transaction on 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. Corporate insiders own 47.16% of the company's stock.
About Dream Unlimited
(
Get Free Report)
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.
Further Reading
Before you consider Dream Unlimited, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dream Unlimited wasn't on the list.
While Dream Unlimited currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
