Wall Street Zen Downgrades Dreamland (NASDAQ:TDIC) to Strong Sell

Dreamland (NASDAQ:TDIC) was downgraded by stock analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings raised shares of Dreamland from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 3rd. 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 Stock Performance

NASDAQ TDIC opened at $2.40 on Friday. The company’s 50 day simple moving average is $5.98 and its two-hundred day simple moving average is $20.06. Dreamland has a 1 year low of $2.33 and a 1 year high of $987.50.

Insider Activity at Dreamland

In other Dreamland news, CEO Wai Yue Seto acquired 652,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was bought at an average price of $3.75 per share, with a total value of $2,445,000.00. Following the completion of the acquisition, the chief executive officer owned 749,890 shares of the company’s stock, valued at $2,812,087.50. This trade represents a 666.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

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.