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

Dream Unlimited Corp. (TSE:DRM) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$25.72 and traded as low as C$20.04. Dream Unlimited shares last traded at C$20.55, with a volume of 68,953 shares traded.

Dream Unlimited Trading Down 5.2 %

The firm has a market capitalization of C$835.43 million, a P/E ratio of -38.40 and a beta of 1.39. The firm has a 50 day moving average price of C$21.40 and a two-hundred day moving average price of C$25.72. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58.

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 $0.15 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.60 annualized dividend and a dividend yield of 2.92%. 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.