DIRTT Environmental Solutions (TSE:DRT) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.87 and traded as low as C$0.82. DIRTT Environmental Solutions shares last traded at C$0.83, with a volume of 1,141 shares traded.

Wall Street Analyst Weigh In

Separately, Cormark upgraded DIRTT Environmental Solutions to a “moderate buy” rating in a report on Friday, November 7th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

DIRTT Environmental Solutions Trading Up 1.2%

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 company has a fifty day moving average price of C$0.89 and a two-hundred day moving average price of C$0.87. The firm has a market capitalization of C$160.53 million, a price-to-earnings ratio of -20.75, a PEG ratio of 7.25 and a beta of -0.19.

DIRTT Environmental Solutions (TSE:DRT) last released its quarterly earnings data on Thursday, November 6th. The company reported C($0.02) earnings per share for the quarter. DIRTT Environmental Solutions had a return on equity of 42.34% and a net margin of 6.63%.The company had revenue of C$52.52 million for the quarter. As a group, research analysts forecast that DIRTT Environmental Solutions Ltd. will post 0.0254001 earnings per share for the current fiscal 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.