Dream Unlimited (TSE:DRM) Shares Pass Below 200 Day Moving Average – Time to Sell?

Dream Unlimited Corp. (TSE:DRM) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$19.99 and traded as low as C$17.86. Dream Unlimited shares last traded at C$18.08, with a volume of 25,577 shares trading hands.

Dream Unlimited Price Performance

The company has a current ratio of 5.58, a quick ratio of 0.67 and a debt-to-equity ratio of 135.03. The stock has a market cap of C$762.83 million, a PE ratio of 9.93 and a beta of 1.48. The company’s 50 day moving average is C$18.92 and its 200-day moving average is C$19.99.

Dream Unlimited (TSE:DRM) last posted its quarterly earnings data on Wednesday, November 12th. The company reported C($0.35) earnings per share for the quarter. Dream Unlimited had a negative net margin of 4.18% and a negative return on equity of 1.59%. The firm had revenue of C$114.58 million during the quarter. As a group, sell-side analysts predict that Dream Unlimited Corp. will post 1.9481391 earnings per share for the current year.

Dream Unlimited Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.1625 per share. This represents a $0.65 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, September 15th. Dream Unlimited’s dividend payout ratio (DPR) is 35.03%.

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.