DIRTT Environmental Solutions (TSE:DRT) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

DIRTT Environmental Solutions Ltd. (TSE:DRT) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.95 and traded as high as C$0.95. DIRTT Environmental Solutions shares last traded at C$0.93, with a volume of 15,527 shares.

Analysts Set New Price Targets

Separately, Cormark raised shares of DIRTT Environmental Solutions to a “moderate buy” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

DIRTT Environmental Solutions Trading Down 1.1%

The firm has a market cap of C$178.40 million, a price-to-earnings ratio of -23.25, a P/E/G ratio of 7.25 and a beta of -0.98. The firm’s 50-day moving average is C$0.95 and its 200-day moving average is C$0.85. The company has a current ratio of 2.18, a quick ratio of 0.87 and a debt-to-equity ratio of 139.08.

DIRTT Environmental Solutions (TSE:DRT) last released its quarterly earnings data on Thursday, November 6th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$52.52 million for the quarter. DIRTT Environmental Solutions had a return on equity of 42.34% and a net margin of 6.63%. As a group, sell-side analysts anticipate that DIRTT Environmental Solutions Ltd. will post 0.0254001 EPS 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.