DIRTT Environmental Solutions (TSE:DRT) Share Price Passes Above Fifty Day Moving Average – Here’s Why

DIRTT Environmental Solutions Ltd. (TSE:DRT) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.76 and traded as high as C$0.76. DIRTT Environmental Solutions shares last traded at C$0.76, with a volume of 79,816 shares changing hands.

DIRTT Environmental Solutions Stock Up 5.6%

The company has a debt-to-equity ratio of 159.26, a current ratio of 1.16 and a quick ratio of 0.86. The stock has a market cap of C$147.20 million, a price-to-earnings ratio of -7.60, a price-to-earnings-growth ratio of 7.25 and a beta of -0.01. The firm has a 50 day simple moving average of C$0.76 and a two-hundred day simple moving average of C$0.83.

DIRTT Environmental Solutions (TSE:DRT) last posted its earnings results on Wednesday, May 6th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$58.99 million for the quarter. DIRTT Environmental Solutions had a negative return on equity of 57.39% and a negative net margin of 10.03%. As a group, sell-side analysts expect 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.