DIRTT Environmental Solutions (TSE:DRT) Shares Pass Above 50 Day Moving Average – Should You Sell?

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.06 and traded as high as C$1.19. DIRTT Environmental Solutions shares last traded at C$1.18, with a volume of 26,871 shares traded.

Wall Street Analyst Weigh In

Separately, Cormark raised DIRTT Environmental Solutions to a “moderate buy” rating in a research note on Tuesday, January 21st.

DIRTT Environmental Solutions Stock Performance

The company’s 50-day simple moving average is C$1.06 and its 200-day simple moving average is C$0.88. The stock has a market capitalization of C$227.70 million, a price-to-earnings ratio of -29.50, a PEG ratio of 7.25 and a beta of 1.07. The company has a current ratio of 2.64, a quick ratio of 0.87 and a debt-to-equity ratio of 246.87.

DIRTT Environmental Solutions (TSE:DRT) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.04 earnings per share for the quarter. DIRTT Environmental Solutions had a negative return on equity of 7.85% and a negative net margin of 0.94%. On average, analysts expect that DIRTT Environmental Solutions Ltd. will post 0.0254001 EPS for the current year.

DIRTT Environmental Solutions Company Profile

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors.