Dream Unlimited Corp. (TSE:DRM - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$20.93 and traded as low as C$18.41. Dream Unlimited shares last traded at C$18.70, with a volume of 39,170 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, TD Securities decreased their price target on shares of Dream Unlimited from C$28.00 to C$27.00 and set a "buy" rating for the company in a research report on Thursday, May 22nd.
Get Our Latest Analysis on DRM
Dream Unlimited Stock Performance
The firm's 50 day moving average is C$18.41 and its 200 day moving average is C$20.73. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58. The stock has a market cap of C$806.97 million, a P/E ratio of -37.09 and a beta of 1.39.
Dream Unlimited Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were issued a $0.1625 dividend. This is a positive change from Dream Unlimited's previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend was Friday, March 14th. Dream Unlimited's payout ratio is currently -112.10%.
Insider Transactions at Dream Unlimited
In other Dream Unlimited news, Director Jennifer Koss sold 3,076 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of C$18.64, for a total transaction of C$57,336.64. Also, Director Jane Gavan sold 8,355 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of C$19.84, for a total transaction of C$165,763.20. 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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