DATA Communications Management (TSE:DCM) Share Price Breaks Above Fifty Day Moving Average – Here’s Why

DATA Communications Management Corp. (TSE:DCM) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of C$2.28 and traded as high as C$2.37. DATA Communications Management shares last traded at C$2.35, with a volume of 39,636 shares trading hands.

DATA Communications Management Stock Up 4.4%

The firm has a market capitalization of C$147.03 million, a price-to-earnings ratio of 29.38 and a beta of -0.41. The company has a debt-to-equity ratio of 533.27, a quick ratio of 0.83 and a current ratio of 1.51. The business’s 50 day moving average is C$2.28 and its 200-day moving average is C$1.97.

DATA Communications Management (TSE:DCM) last issued its earnings results on Monday, August 10th. The company reported C$0.03 earnings per share for the quarter. DATA Communications Management had a return on equity of 10.60% and a net margin of 0.98%. The business had revenue of C$110.92 million during the quarter. Equities analysts anticipate that DATA Communications Management Corp. will post 0.44 EPS for the current fiscal year.

Insider Transactions at DATA Communications Management

In related news, Director Gregory James Cochrane sold 75,000 shares of DATA Communications Management stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$2.80, for a total transaction of C$210,000.00. Insiders own 22.41% of the company’s stock.

DATA Communications Management Company Profile

DCM is a leading Canadian tech-enabled provider of print and digital solutions that help simplify complex marketing communications and operations workflow. DCM serves over 2,500 clients including 70 of the 100 largest Canadian corporations and leading government agencies. Our core strength lies in delivering individualized services to our clients that simplify their communications, including customized printing, highly personalized marketing communications, campaign management, digital signage, and digital asset management.