Dream Unlimited (TSE:DRM) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Dream Unlimited Corp. (TSE:DRMGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$25.69 and traded as low as C$20.38. Dream Unlimited shares last traded at C$20.54, with a volume of 25,913 shares trading hands.

Dream Unlimited Stock Down 0.7 %

The firm has a market cap of C$831.05 million, a price-to-earnings ratio of -186.73 and a beta of 1.39. 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’s 50 day moving average is C$23.39 and its 200 day moving average is C$25.69.

Dream Unlimited (TSE:DRMGet Free Report) last announced its earnings results on Tuesday, November 12th. The company reported C($0.36) earnings per share for the quarter. Dream Unlimited had a negative net margin of 0.64% and a negative return on equity of 0.25%. Analysts forecast that Dream Unlimited Corp. will post 1.9481391 EPS for the current year.

Dream Unlimited Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.60 annualized dividend and a yield of 2.92%. Dream Unlimited’s dividend payout ratio (DPR) is -545.45%.

Insider Transactions at Dream Unlimited

In other news, Director Jennifer Koss sold 40,038 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were 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.

Dream Unlimited Company Profile

(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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