Dream Unlimited (TSE:DRM) Stock Price Passes Above 50 Day Moving Average of $18.96

Dream Unlimited Corp. (TSE:DRMGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$18.96 and traded as high as C$19.50. Dream Unlimited shares last traded at C$18.88, with a volume of 39,496 shares traded.

Wall Street Analyst Weigh In

Separately, TD Securities boosted their price objective on shares of Dream Unlimited from C$27.00 to C$30.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th.

View Our Latest Report on DRM

Dream Unlimited Stock Down 0.2 %

The company has a debt-to-equity ratio of 133.32, a quick ratio of 0.67 and a current ratio of 1.90. The firm’s 50-day moving average is C$18.96 and its 200 day moving average is C$20.75. The firm has a market capitalization of C$766.91 million, a PE ratio of -5.69 and a beta of 1.34.

Dream Unlimited (TSE:DRMGet Free Report) last announced its earnings results on Tuesday, May 14th. The company reported C$0.22 earnings per share for the quarter. Dream Unlimited had a negative net margin of 30.05% and a negative return on equity of 9.51%. The firm had revenue of C$158.25 million during the quarter. As a group, research analysts forecast that Dream Unlimited Corp. will post 1.8211921 earnings per share for the current fiscal year.

Dream Unlimited Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 28th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Friday, June 14th. Dream Unlimited’s payout ratio is -18.07%.

Dream Unlimited Company Profile

(Get Free Report)

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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