Distinct Infrastructure Group (CVE:DUG) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Distinct Infrastructure Group Inc (CVE:DUG)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.06 and traded as low as C$0.05. Distinct Infrastructure Group shares last traded at C$0.06, with a volume of 667,500 shares traded.

Distinct Infrastructure Group Price Performance

The company has a current ratio of 4.21, a quick ratio of 3.91 and a debt-to-equity ratio of 267.39. The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. The stock has a market cap of C$2.77 million and a P/E ratio of -0.25.

About Distinct Infrastructure Group

Distinct Infrastructure Group Inc, through its subsidiaries, operates as a design, engineering, construction, services, and maintenance company in Canada. The company offers technical services and maintenance, underground and aerial civil construction, third party material management, and hydro-excavation services to the utilities and telecommunications sectors, as well as to governments. Distinct Infrastructure Group Inc was founded in 2007 and is headquartered in Toronto, Canada.