Dream Unlimited (TSE:DRM) Stock Crosses Below 200-Day Moving Average – Here’s Why

Dream Unlimited Corp. (TSE:DRM) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$25.78 and traded as low as C$21.10. Dream Unlimited shares last traded at C$21.13, with a volume of 25,018 shares trading hands.

Dream Unlimited Price Performance

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 company’s 50 day moving average is C$21.51 and its 200 day moving average is C$25.78. The stock has a market cap of C$859.01 million, a price-to-earnings ratio of -39.48 and a beta of 1.39.

Dream Unlimited Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.84%. The ex-dividend date was Friday, December 13th. Dream Unlimited’s dividend payout ratio (DPR) is -112.10%.

About Dream Unlimited

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.