DIRTT Environmental Solutions (TSE:DRT) Stock Passes Above 50-Day Moving Average – Here’s Why

DIRTT Environmental Solutions Ltd. (TSE:DRT)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.78 and traded as high as C$0.78. DIRTT Environmental Solutions shares last traded at C$0.76, with a volume of 34,234 shares changing hands.

DIRTT Environmental Solutions Stock Up 2.7%

The company has a debt-to-equity ratio of 159.26, a current ratio of 1.16 and a quick ratio of 0.87. The company has a market capitalization of C$147.20 million, a price-to-earnings ratio of -7.60, a PEG ratio of 7.25 and a beta of 0.14. The firm has a 50-day moving average price of C$0.78 and a two-hundred day moving average price of C$0.86.

DIRTT Environmental Solutions (TSE:DRT) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$58.99 million for the quarter. DIRTT Environmental Solutions had a negative return on equity of 57.39% and a negative net margin of 10.03%. As a group, sell-side analysts anticipate that DIRTT Environmental Solutions Ltd. will post 0.0254001 earnings per share for the current fiscal 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. DIRTT operates its activity through the U.S and Canada of which, the United States generates a majority of revenue.