Dundee (TSE:DC.A) Shares Pass Above 50-Day Moving Average - Time to Sell?

Key Points

• Dundee Corp. shares have crossed above their 50-day moving average of C$2.73, reaching a recent high of C$3.17 before settling at C$3.06.
• The company has a market cap of C$263.86 million and operates in asset management, providing various financial services in Canada and the U.S.
• Dundee's debt-to-equity ratio is significantly high at 6.49, indicating potential leverage concerns for the company.

Dundee Corp. (TSE:DC.A - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.73 and traded as high as C$3.17. Dundee shares last traded at C$3.06, with a volume of 16,771 shares trading hands.

Dundee Price Performance

The stock has a market cap of C$282.83 million, a PE ratio of 9.65 and a beta of 1.40. The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04. The business has a fifty day moving average of C$2.79 and a 200 day moving average of C$2.33.

About Dundee

Dundee Corporation, an asset management company, provides wealth management, real estate, resources, and investment services in Canada and the United States. The company's Wealth Management segment offers investment management, financial advisory, capital market, and various banking services. This segment also creates, manages, and administers investment products, as well as provides internal and third-party management, and advisory services to various investment products, including mutual funds, private clients, portfolio solutions, tax-assisted investment products, closed-end investment products, and alternative investment products.