Dream Unlimited (TSE:DRM) Shares Cross Below 200 Day Moving Average of $41.50

Dream Unlimited Corp. (TSE:DRMGet Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$41.50 and traded as low as C$32.27. Dream Unlimited shares last traded at C$32.63, with a volume of 33,341 shares changing hands.

Analyst Ratings Changes

Separately, CIBC reduced their target price on Dream Unlimited from C$56.00 to C$53.00 in a report on Monday, June 27th.

Dream Unlimited Stock Down 0.1 %

The company has a quick ratio of 0.61, a current ratio of 2.24 and a debt-to-equity ratio of 102.26. The company has a fifty day moving average price of C$33.90 and a 200-day moving average price of C$41.50. The stock has a market capitalization of C$1.39 billion and a P/E ratio of 9.27.

Dream Unlimited (TSE:DRMGet Rating) last issued its earnings results on Wednesday, May 11th. The company reported C$0.96 earnings per share (EPS) for the quarter. The firm had revenue of C$53.21 million during the quarter. As a group, research analysts forecast that Dream Unlimited Corp. will post 2.0719072 EPS for the current fiscal year.

Dream Unlimited Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Thursday, June 30th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, June 14th. This represents a $0.40 annualized dividend and a yield of 1.23%. Dream Unlimited’s payout ratio is currently 9.66%.

About Dream Unlimited

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Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.

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