Dundee (TSE:DC.A) Stock Price Passes Above 50 Day Moving Average - Here's What Happened

Key Points

• Dundee Corp. (TSE:DC.A) shares crossed above their fifty-day moving average of C$2.57, reaching a high of C$2.86 during trading.
• The company's market capitalization is C$244.89 million, with a price-to-earnings ratio of 8.35 and a high debt-to-equity ratio of 6.49.
• Dundee Corporation is an asset management company that offers a range of financial services, including investment management and wealth management, in both Canada and the United States.

Shares of Dundee Corp. (TSE:DC.A - ) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.57 and traded as high as C$2.86. Dundee shares last traded at C$2.84, with a volume of 20,090 shares traded.

Dundee Stock Performance

The firm has a 50 day simple moving average of C$2.57 and a 200-day simple moving average of C$2.19. 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 company has a market cap of C$244.89 million, a price-to-earnings ratio of 8.35 and a beta of 1.40.

Dundee Company Profile

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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