Dream Unlimited (TSE:DRM) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of Dream Unlimited Corp. (TSE:DRM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$20.20 and traded as low as C$19.96. Dream Unlimited shares last traded at C$19.97, with a volume of 29,794 shares changing hands.

Analyst Ratings Changes

Separately, TD Securities decreased their price target on shares of Dream Unlimited from C$28.00 to C$27.00 and set a “buy” rating for the company in a research report on Thursday, May 22nd.

Dream Unlimited Price Performance

The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58. The company has a market cap of C$811.85 million, a PE ratio of -37.31 and a beta of 1.39. The company’s 50-day simple moving average is C$18.89 and its 200 day simple moving average is C$20.20.

Insider Buying and Selling at Dream Unlimited

In other Dream Unlimited news, Director Jennifer Koss sold 3,076 shares of the firm’s stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of C$18.64, for a total value of C$57,336.64. 47.16% of the stock is currently owned by corporate insiders.

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.