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Dream Unlimited (TSE:DRM) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

Dream Unlimited logo with Real Estate background

Dream Unlimited Corp. (TSE:DRM - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$20.00 and traded as high as C$22.04. Dream Unlimited shares last traded at C$21.88, with a volume of 21,943 shares trading hands.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on Dream Unlimited

Dream Unlimited Stock Down 1.2%

The firm's 50 day simple moving average is C$20.16 and its 200-day simple moving average is C$20.06. The company has a market cap of C$885.84 million, a price-to-earnings ratio of -40.71 and a beta of 1.39. The company has a debt-to-equity ratio of 135.03, a current ratio of 5.58 and a quick ratio of 0.67.

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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