Dream Unlimited (TSE:DRM) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Dream Unlimited Corp. (TSE:DRM) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$25.74 and traded as low as C$21.74. Dream Unlimited shares last traded at C$21.89, with a volume of 21,709 shares.

Dream Unlimited Trading Up 0.1 %

The company has a debt-to-equity ratio of 135.03, a current ratio of 5.58 and a quick ratio of 0.67. The firm has a market capitalization of C$889.90 million, a PE ratio of -40.90 and a beta of 1.39. The business’s 50-day moving average price is C$21.80 and its 200-day moving average price is C$25.74.

Dream Unlimited Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.15 per share. The ex-dividend date was Friday, December 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.74%. Dream Unlimited’s dividend payout ratio (DPR) is presently -112.10%.

Dream Unlimited Company Profile

DREAM Unlimited Corp is a real estate company. The company’s divisions include Asset management; Stabilized income generating assets; Urban development – Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.