Key Points
- CEO Wai Yue Seto bought 300,000 Dreamland shares at $2.00 each, investing $600,000 and increasing his stake by 28.04% to 1,369,890 shares.
- Dreamland shares were trading at $2.28, up 39.9%, while the company reported a quarterly loss of $8.04 per share on $0.67 million in revenue.
- Analyst sentiment remains negative: ratings were downgraded, and Dreamland carries a consensus rating of “Sell.”
Dreamland Limited (NASDAQ:TDIC - Get Free Report) CEO Wai Yue Seto acquired 300,000 shares of the business's stock in a transaction on Friday, October 9th. The shares were bought at an average cost of $2.00 per share, with a total value of $600,000.00. Following the completion of the acquisition, the chief executive officer owned 1,369,890 shares of the company's stock, valued at approximately $2,739,780. This trade represents a 28.04% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Dreamland Trading Up 39.9%
Shares of NASDAQ:TDIC opened at $2.28 on Thursday. Dreamland Limited has a 52 week low of $1.51 and a 52 week high of $750.00. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.23 and a current ratio of 1.23. The company's fifty day moving average is $2.32 and its 200-day moving average is $12.88.
Dreamland (NASDAQ:TDIC - Get Free Report) last posted its earnings results on Monday, August 17th. The company reported ($8.04) earnings per share for the quarter. The firm had revenue of $0.67 million for the quarter.
Analyst Ratings Changes
TDIC has been the topic of several research analyst reports. Wall Street Zen cut shares of Dreamland from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 1st. Weiss Ratings cut shares of Dreamland from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Dreamland presently has a consensus rating of "Sell".
Get Our Latest Analysis on Dreamland
About Dreamland
(
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We are an event management service provider based in Hong Kong with over eight years of experience in managing the entire or part of the event lifecycle for our customers. Events encompass a range of public and private events, from trade shows, conferences, concerts, exhibitions, charity galas, brand promotion events to internal corporate events. For enterprises, events offer a highly effective way to maximize their engagement with customers, helping enterprises to generate and qualify leads, deepen relationships with customers and build brand loyalty and advocacy, such as promotion of a brand by satisfied customers through customers sharing positive experiences on social media, providing referrals to friends and family, or simply telling others about the brand.
Further Reading
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