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

Dreamland Limited (NASDAQ:TDIC) CEO Wai Yue Seto acquired 300,000 shares of the company’s stock in a transaction on Friday, October 9th. The stock was bought at an average price of $2.00 per share, for a total transaction of $600,000.00. Following the purchase, the chief executive officer owned 1,369,890 shares in the company, valued at approximately $2,739,780. This trade represents a 28.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Dreamland Trading Down 6.1%

Shares of TDIC opened at $2.14 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.78. The firm’s 50 day moving average price is $2.31 and its 200 day moving average price is $12.78. Dreamland Limited has a twelve month low of $1.51 and a twelve month high of $750.00.

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TDIC. Wall Street Zen downgraded Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Weiss Ratings lowered Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 24th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has a consensus 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.