DIRTT Environmental Solutions (TSE:DRT) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.82 and traded as low as C$0.72. DIRTT Environmental Solutions shares last traded at C$0.79, with a volume of 98,770 shares changing hands.

DIRTT Environmental Solutions Stock Performance

The stock has a market capitalization of C$153.01 million, a price-to-earnings ratio of -7.90, a P/E/G ratio of 7.25 and a beta of -0.01. The company has a current ratio of 1.16, a quick ratio of 0.86 and a debt-to-equity ratio of 159.26. The firm has a 50-day moving average of C$0.75 and a 200-day moving average of C$0.82.

DIRTT Environmental Solutions (TSE:DRT) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C($0.03) EPS for the quarter. The firm 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 predict 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.