Dream Unlimited Corp. (TSE:DRM - Get Free Report)'s share price 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 trading hands.
Wall Street Analysts Forecast Growth
Separately, TD Securities reduced their price objective on shares of Dream Unlimited from C$33.00 to C$28.00 in a research report on Monday, April 21st.
Check Out Our Latest Stock Analysis on DRM
Dream Unlimited Stock Performance
The firm has a fifty day simple moving average of C$19.37 and a 200-day simple moving average of C$22.52. The company has a quick ratio of 0.67, a current ratio of 5.58 and a debt-to-equity ratio of 135.03. The company has a market cap of C$763.88 million, a PE ratio of -35.11 and a beta of 1.39.
Dream Unlimited Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were paid a $0.1625 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a yield of 3.46%. This is a boost from Dream Unlimited's previous quarterly dividend of $0.15. Dream Unlimited's payout ratio is currently -112.10%.
Insider Transactions at Dream Unlimited
In other Dream Unlimited news, Director Jane Gavan sold 8,355 shares of Dream Unlimited stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$19.84, for a total value of C$165,763.20. Also, Director Jennifer Koss sold 3,076 shares of the company's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of C$18.64, for a total value of C$57,336.64. 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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