Dundee (OTCMKTS:DDEJF) Trading 5.9% Higher - Here's What Happened

Key Points

• Dundee Corporation shares rose by 5.9% to trade at $2.69, with trading volume increasing by 130% from the average.
• The company reported earnings of $0.14 per share and revenue of $0.55 million in its latest quarterly results.
• Dundee Corporation operates in diverse sectors including investment advisory, corporate finance, energy, and real estate, managing a significant portfolio of both public and private investments.

Dundee Corporation (OTCMKTS:DDEJF - Get Free Report) shares traded up 5.9% on Monday . The company traded as high as $2.71 and last traded at $2.69. 162,330 shares were traded during mid-day trading, an increase of 130% from the average session volume of 70,526 shares. The stock had previously closed at $2.54.

Dundee Trading Up 5.9%

The business's 50 day moving average price is $2.18 and its two-hundred day moving average price is $1.79. The company has a current ratio of 49.64, a quick ratio of 49.64 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $240.54 million, a price-to-earnings ratio of 8.97 and a beta of 0.49.

Dundee (OTCMKTS:DDEJF - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $0.55 million during the quarter.

About Dundee

Dundee Corporation is a publicly owned investment manager. Through its operating subsidiaries, the firm is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure. The Corporation also holds, directly and indirectly, a portfolio of investments mostly in these key areas, as well as other select investments in both publicly listed and private enterprises.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.