Destiny Media Technologies (OTCMKTS:DSNY) Trading Up 3% – Should You Buy?

Destiny Media Technologies Inc. (OTCMKTS:DSNYGet Free Report)’s share price traded up 3% on Wednesday . The company traded as high as $0.84 and last traded at $0.84. 1,218 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 6,335 shares. The stock had previously closed at $0.82.

Destiny Media Technologies Stock Up 3.0 %

The firm has a fifty day moving average of $0.82 and a 200-day moving average of $0.89. The firm has a market cap of $8.10 million, a P/E ratio of 84.07 and a beta of 0.94.

About Destiny Media Technologies

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Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.

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