D-BOX Technologies (TSE:DBO) Shares Down 5.8% – Time to Sell?

D-BOX Technologies Inc. (TSE:DBO)’s stock price traded down 5.8% during mid-day trading on Wednesday . The company traded as low as C$0.74 and last traded at C$0.81. 1,924,456 shares changed hands during trading, an increase of 203% from the average session volume of 635,325 shares. The stock had previously closed at C$0.86.

D-BOX Technologies Trading Down 9.3%

The firm’s 50 day simple moving average is C$0.86 and its 200-day simple moving average is C$0.59. The company has a market capitalization of C$173.56 million, a PE ratio of 20.00 and a beta of 1.94. The company has a quick ratio of 1.07, a current ratio of 2.42 and a debt-to-equity ratio of 17.15.

D-BOX Technologies (TSE:DBO) last posted its earnings results on Tuesday, February 10th. The company reported C$0.04 earnings per share for the quarter. D-BOX Technologies had a net margin of 5.12% and a return on equity of 16.25%. The business had revenue of C$13.79 million for the quarter. As a group, equities research analysts anticipate that D-BOX Technologies Inc. will post 0.0096552 EPS for the current year.

Insider Activity at D-BOX Technologies

In other news, Director Daniel Marks sold 1,880,000 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of C$0.63, for a total value of C$1,184,400.00. Following the completion of the sale, the director owned 9,100,000 shares of the company’s stock, valued at C$5,733,000. This represents a 17.12% decrease in their ownership of the stock. 10.74% of the stock is currently owned by corporate insiders.

D-BOX Technologies Company Profile

D-BOX redefines and creates realistic, immersive and haptic entertainment experiences by providing whole-body feedback and stimulating the imagination through movement. Haptics essentially allows for sensations that would be perceived if the body were to interact directly with physical objects. This expertise explains why D-BOX has collaborated with some of the world’s best companies to tell captivating stories. Whether it be movies, video games, virtual reality applications, themed entertainment or professional simulators, D-BOX’s mission is to make the world live and vibrate like never before.