Dream Unlimited (TSE:DRM) Stock Passes Below 200-Day Moving Average – Should You Sell?

Dream Unlimited Corp. (TSE:DRM) 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 traded.

Dream Unlimited Stock Up 0.1 %

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 business has a 50 day simple moving average of C$21.80 and a 200-day simple moving average of C$25.74. The firm has a market capitalization of C$889.90 million, a price-to-earnings ratio of -40.90 and a beta of 1.39.

Dream Unlimited (TSE:DRM) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C($0.36) 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%. On average, equities analysts expect that Dream Unlimited Corp. will post 1.9481391 EPS for the current year.

Dream Unlimited Dividend Announcement

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