Dundee (TSE:DC.A) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Dundee Corp. (TSE:DC.AGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.49 and traded as high as C$1.74. Dundee shares last traded at C$1.74, with a volume of 60,284 shares changing hands.

Dundee Trading Up 8.1 %

The stock has a market capitalization of C$150.04 million, a price-to-earnings ratio of 5.12 and a beta of 1.40. The company’s 50-day moving average is C$1.56 and its 200-day moving average is C$1.49. The company has a quick ratio of 5.04, a current ratio of 7.22 and a debt-to-equity ratio of 6.49.

About Dundee

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Dundee Corporation, an asset management company, provides wealth management, real estate, resources, and investment services in Canada and the United States. The company's Wealth Management segment offers investment management, financial advisory, capital market, and various banking services. This segment also creates, manages, and administers investment products, as well as provides internal and third-party management, and advisory services to various investment products, including mutual funds, private clients, portfolio solutions, tax-assisted investment products, closed-end investment products, and alternative investment products.

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