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Dundee (TSE:DC.A) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Dundee logo with Finance background

Dundee Corp. (TSE:DC.A - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.28 and traded as high as C$2.75. Dundee shares last traded at C$2.71, with a volume of 27,338 shares.

Dundee Price Performance

The business has a 50-day simple moving average of C$2.29 and a two-hundred day simple moving average of C$2.00. The company has a quick ratio of 5.04, a current ratio of 7.22 and a debt-to-equity ratio of 6.49. The stock has a market capitalization of C$232.82 million, a price-to-earnings ratio of 7.94 and a beta of 1.40.

About Dundee

(Get Free Report)

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.

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