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

Dreamland Limited (NASDAQ:TDIC) CEO Wai Yue Seto purchased 300,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was bought at an average cost of $2.00 per share, for a total transaction of $600,000.00. Following the purchase, 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 position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Dreamland Trading Down 9.3%

NASDAQ TDIC opened at $1.94 on Friday. The stock’s 50-day moving average price is $2.29 and its two-hundred day moving average price is $12.71. 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 Limited has a 1 year low of $1.51 and a 1 year high of $750.00.

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

Analysts Set New Price Targets

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 report on Saturday, August 1st. Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

About Dreamland

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.