Dundee (TSE:DC.A) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Dundee Corp. (TSE:DC.AGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.48 and traded as low as C$1.41. Dundee shares last traded at C$1.45, with a volume of 18,720 shares changing hands.

Dundee Stock Performance

The company has a debt-to-equity ratio of 6.49, a quick ratio of 5.04 and a current ratio of 7.22. The company has a market cap of C$125.03 million, a PE ratio of 4.26 and a beta of 1.40. The business’s 50-day moving average is C$1.59 and its 200 day moving average is C$1.48.

Dundee Company Profile

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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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