DIRTT Environmental Solutions (TSE:DRT) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.87 and traded as low as C$0.84. DIRTT Environmental Solutions shares last traded at C$0.87, with a volume of 57,816 shares.

Analyst Ratings Changes

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

DIRTT Environmental Solutions Trading Down 1.1%

The stock has a market cap of C$168.26 million, a PE ratio of -21.75, a price-to-earnings-growth ratio of 7.25 and a beta of 0.21. The company has a debt-to-equity ratio of 139.08, a quick ratio of 0.87 and a current ratio of 2.18. The company has a 50 day moving average of C$0.95 and a two-hundred day moving average of C$0.87.

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

About DIRTT Environmental Solutions

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.