DIRTT Environmental Solutions (TSE:DRT) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of DIRTT Environmental Solutions Ltd. (TSE:DRT) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.04 and traded as high as C$1.17. DIRTT Environmental Solutions shares last traded at C$1.17, with a volume of 20,302 shares trading hands.

Wall Street Analyst Weigh In

Separately, Cormark raised DIRTT Environmental Solutions to a “moderate buy” rating in a report on Tuesday, January 21st.

DIRTT Environmental Solutions Stock Down 1.7 %

The company has a market capitalization of C$221.92 million, a PE ratio of -28.75, a P/E/G ratio of 7.25 and a beta of 1.07. The company has a debt-to-equity ratio of 246.87, a quick ratio of 0.87 and a current ratio of 2.64. The company’s 50-day moving average is C$1.05 and its 200 day moving average is C$0.86.

DIRTT Environmental Solutions (TSE:DRT) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.04 EPS for the quarter. DIRTT Environmental Solutions had a negative net margin of 0.94% and a negative return on equity of 7.85%. As a group, analysts anticipate that DIRTT Environmental Solutions Ltd. will post 0.0254001 EPS for the current year.

About DIRTT Environmental Solutions

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.