Dream Unlimited Corp. (TSE:DRM - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.
Analysts Set New Price Targets
Separately, TD Securities reduced their price objective on shares of Dream Unlimited from C$33.00 to C$28.00 in a research note on Monday, April 21st.
Read Our Latest Report on DRM
Dream Unlimited Stock Performance
The company's 50-day moving average price is C$19.51 and its two-hundred day moving average price is C$22.73. The stock has a market cap of C$772.82 million, a PE ratio of -35.52 and a beta of 1.39. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58.
Dream Unlimited Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were issued a $0.1625 dividend. This is a boost from Dream Unlimited's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.65 annualized dividend and a dividend yield of 3.42%. Dream Unlimited's dividend payout ratio (DPR) is currently -112.10%.
Insider Activity 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 transaction 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. 47.16% of the stock is currently owned by company insiders.
Dream Unlimited Company Profile
(
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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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