DIRTT Environmental Solutions (TSE:DRT) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

DIRTT Environmental Solutions Ltd. (TSE:DRT) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.93 and traded as low as C$0.85. DIRTT Environmental Solutions shares last traded at C$0.86, with a volume of 146,476 shares trading hands.

Analyst Ratings Changes

Separately, Cormark raised shares of DIRTT Environmental Solutions to a “moderate buy” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

DIRTT Environmental Solutions Stock Down 1.1%

The company has a current ratio of 2.18, a quick ratio of 0.87 and a debt-to-equity ratio of 139.08. The firm has a 50 day moving average price of C$0.93 and a 200-day moving average price of C$0.87. The firm has a market cap of C$166.33 million, a price-to-earnings ratio of -21.50, a P/E/G ratio of 7.25 and a beta of 0.21.

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. DIRTT Environmental Solutions had a net margin of 6.63% and a return on equity of 42.34%. The business had revenue of C$52.52 million during the quarter. On average, equities analysts forecast that DIRTT Environmental Solutions Ltd. will post 0.0254001 EPS for the current 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.