Destiny Media Technologies (OTCMKTS:DSNY) Shares Pass Above Fifty Day Moving Average of $1.05

Destiny Media Technologies Inc. (OTCMKTS:DSNY) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.05 and traded as high as $1.06. Destiny Media Technologies shares last traded at $1.04, with a volume of 7,110 shares changing hands.

Destiny Media Technologies Stock Performance

The stock has a market cap of $10.21 million, a PE ratio of 104.10 and a beta of 1.06. The firm has a fifty day moving average price of $1.05 and a 200 day moving average price of $1.03.

Destiny Media Technologies (OTCMKTS:DSNY) last issued its earnings results on Monday, April 15th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.99 million during the quarter. Destiny Media Technologies had a return on equity of 5.74% and a net margin of 4.65%.

Destiny Media Technologies Company Profile

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.