Dreamland (NASDAQ:TDIC) CEO Purchases $600,000.00 in Stock

Dreamland Limited (NASDAQ:TDIC) CEO Wai Yue Seto purchased 300,000 shares of Dreamland stock in a transaction dated 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 completion of the acquisition, the chief executive officer owned 1,369,890 shares in the company, valued at $2,739,780. The trade was a 28.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Dreamland Trading Up 35.6%

TDIC stock traded up $0.58 during trading hours on Wednesday, hitting $2.21. The company’s stock had a trading volume of 20,299 shares, compared to its average volume of 783,328. The stock has a 50 day moving average price of $2.32 and a two-hundred day moving average price of $12.97. Dreamland Limited has a 12 month low of $1.51 and a 12 month 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.

Dreamland (NASDAQ:TDIC) last issued its quarterly earnings data on Monday, August 17th. The company reported ($8.04) earnings per share (EPS) for the quarter. The company had revenue of $0.67 million for the quarter.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 24th. Wall Street Zen cut Dreamland from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus 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.