Dream Unlimited (TSE:DRM) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

Dream Unlimited Corp. (TSE:DRM - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$20.37 and traded as low as C$19.50. Dream Unlimited shares last traded at C$19.61, with a volume of 32,077 shares.

Analyst Ratings Changes

Separately, TD Securities reduced their price objective on shares of Dream Unlimited from C$28.00 to C$27.00 and set a "buy" rating for the company in a research note on Thursday, May 22nd.

Dream Unlimited Stock Down 0.3%

The business's 50 day moving average is C$18.77 and its 200 day moving average is C$20.29. 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$798.84 million, a price-to-earnings ratio of -36.71 and a beta of 1.39.

Insiders Place Their Bets

In other news, Director Jennifer Koss sold 3,076 shares of the company's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of C$18.64, for a total value of C$57,336.64. Corporate insiders own 47.16% of the company's stock.

Dream Unlimited Company Profile

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.