Dundee (TSE:DC.A) Trading Down 2.5% – Here’s Why

Dundee Corp. (TSE:DC.A) was down 2.5% during trading on Thursday . The company traded as low as C$1.55 and last traded at C$1.58. Approximately 47,700 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 79,674 shares. The stock had previously closed at C$1.62.

Dundee Stock Up 0.6 %

The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04. The stock has a market cap of C$137.11 million, a price-to-earnings ratio of 4.68 and a beta of 1.40. The firm has a 50 day simple moving average of C$1.66 and a two-hundred day simple moving average of C$1.45.

Dundee Company Profile

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.