DIRTT Environmental Solutions (TSE:DRT) Stock Passes Above 50-Day Moving Average – Here’s Why

DIRTT Environmental Solutions Ltd. (TSE:DRT) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.78 and traded as high as C$0.78. DIRTT Environmental Solutions shares last traded at C$0.76, with a volume of 34,234 shares trading hands.

DIRTT Environmental Solutions Price Performance

The company has a 50 day moving average price of C$0.78 and a 200 day moving average price of C$0.86. The company has a market capitalization of C$147.20 million, a price-to-earnings ratio of -7.60, a PEG ratio of 7.25 and a beta of 0.14. The company has a current ratio of 1.16, a quick ratio of 0.87 and a debt-to-equity ratio of 159.26.

DIRTT Environmental Solutions (TSE:DRT) last released its earnings results on Wednesday, May 6th. The company reported C($0.03) EPS for the quarter. DIRTT Environmental Solutions had a negative net margin of 10.03% and a negative return on equity of 57.39%. The firm had revenue of C$58.99 million during the quarter. As a group, equities research analysts forecast that DIRTT Environmental Solutions Ltd. will post 0.0254001 earnings per share 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.