Dreamland (NASDAQ:TDIC) Stock: Insider Wai Yue Seto Acquires 300,000 Shares

Dreamland Limited (NASDAQ:TDIC) CEO Wai Yue Seto bought 300,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The shares were purchased at an average price of $2.00 per share, with a total value of $600,000.00. Following the transaction, the chief executive officer directly owned 1,369,890 shares in the company, valued at $2,739,780. This represents a 28.04% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dreamland Trading Up 35.6%

Shares of NASDAQ TDIC traded up $0.58 during mid-day trading on Wednesday, hitting $2.21. 20,299 shares of the stock were exchanged, compared to its average volume of 783,328. Dreamland Limited has a twelve month low of $1.51 and a twelve month high of $750.00. The stock’s fifty day simple moving average is $2.32 and its two-hundred day simple moving average is $12.97. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.23 and a current ratio of 1.23.

Dreamland (NASDAQ:TDIC) last announced its earnings results on Monday, August 17th. The company reported ($8.04) EPS for the quarter. The firm had revenue of $0.67 million during the quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on TDIC shares. Weiss Ratings lowered shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. Wall Street Zen cut shares of Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Dreamland Company Profile

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.