Destiny Media Technologies (CVE:DSY) Releases Quarterly Earnings Results

Destiny Media Technologies (CVE:DSY) released its quarterly earnings data on Monday. The company reported C($0.01) EPS for the quarter, reports. The firm had revenue of C$1.33 million for the quarter. Destiny Media Technologies had a net margin of 7.83% and a return on equity of 9.50%.

Destiny Media Technologies Stock Up 1.5 %

Shares of CVE:DSY opened at C$1.35 on Thursday. The stock has a market cap of C$13.66 million, a price-to-earnings ratio of 45.00 and a beta of 1.07. The company has a quick ratio of 5.78, a current ratio of 6.12 and a debt-to-equity ratio of 4.91. Destiny Media Technologies has a 12-month low of C$0.79 and a 12-month high of C$1.57. The business’s 50 day moving average is C$1.41 and its 200 day moving average is C$1.37.

About Destiny Media Technologies

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.