A Reversal for DREAM Unlimited Corp Is Not Near. The Stock Declines Again


 A Reversal for DREAM Unlimited Corp Is Not Near. The Stock Declines Again

The stock of DREAM Unlimited Corp (TSE:DRM) is a huge mover today! About 12,110 shares traded hands. DREAM Unlimited Corp (TSE:DRM) has declined 7.24% since March 10, 2016 and is downtrending. It has underperformed by 12.86% the S&P500.
The move comes after 5 months negative chart setup for the $551.66M company. It was reported on Oct, 17 by Barchart.com. We have $6.49 PT which if reached, will make TSE:DRM worth $49.65 million less.

DREAM Unlimited Corp (TSE:DRM) Ratings Coverage

Out of 2 analysts covering DREAM Unlimited (TSE:DRM), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $12 is the highest target while $9 is the lowest. The $9.92 average target is 39.13% above today’s ($7.13) stock price. DREAM Unlimited has been the topic of 4 analyst reports since November 9, 2015 according to StockzIntelligence Inc.

More notable recent DREAM Unlimited Corp (TSE:DRM) news were published by: Marketwired.com which released: “Co-Founder Acquiring Control of Dream Unlimited Corp.” on August 16, 2016, also Seekingalpha.com with their article: “Dream Unlimited’s (DRUNF) CEO, Michael Cooper on Q2 2016 Results – Earnings …” published on August 16, 2016, Marketwired.com published: “Dream Unlimited Corp. Reports Strong Second Quarter Results” on August 15, 2016. More interesting news about DREAM Unlimited Corp (TSE:DRM) were released by: Seekingalpha.com and their article: “Dream Unlimited: A Sweet Dream For Investors” published on July 31, 2013 as well as Marketwired.com‘s news article titled: “Dream Unlimited Corp. and Dream Office REIT Announce Reorganization of Dream …” with publication date: April 02, 2015.

Dream Unlimited Corp. is a holding company. The company has a market cap of $551.66 million. The Firm is a real estate firm engaged in various businesses, including residential land development, housing and condominium development, retail development, asset management and management services, renewable energy infrastructure and commercial property ownership. It has a 8.33 P/E ratio. The Company’s divisions include Land Development; Housing Development; Condominium and Mixed-Use Development; Retail Development; Asset Management, Management Services and Equity Interests in Related Parties; Investment and Recreational properties, and Renewable Power.

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