Destiny Media Technologies (OTCMKTS:DSNY) Issues Earnings Results

Destiny Media Technologies (OTCMKTS:DSNY) issued its earnings results on Tuesday. The technology company reported ($0.02) earnings per share for the quarter, Zacks reports. Destiny Media Technologies had a negative net margin of 20.68% and a negative return on equity of 28.56%.

Destiny Media Technologies Stock Performance

Shares of OTCMKTS DSNY remained flat at $0.62 during mid-day trading on Tuesday. The firm has a market capitalization of $6.01 million, a price-to-earnings ratio of -6.23 and a beta of 0.37. Destiny Media Technologies has a 1-year low of $0.24 and a 1-year high of $0.81. The company has a 50 day simple moving average of $0.66 and a 200-day simple moving average of $0.60.

About Destiny Media Technologies

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.