DIRTT Environmental Solutions (TSE:DRT) Upgraded to “Moderate Buy” at Cormark

Cormark upgraded shares of DIRTT Environmental Solutions (TSE:DRT) to a moderate buy rating in a research report report published on Tuesday morning,Zacks.com reports. Cormark also issued estimates for DIRTT Environmental Solutions’ FY2024 earnings at $0.03 EPS, FY2025 earnings at $0.07 EPS and FY2026 earnings at $0.12 EPS.

DIRTT Environmental Solutions Trading Down 1.7 %

Shares of DRT traded down C$0.02 during midday trading on Tuesday, hitting C$1.18. The stock had a trading volume of 159 shares, compared to its average volume of 94,633. The company has a current ratio of 2.64, a quick ratio of 0.87 and a debt-to-equity ratio of 246.87. The firm has a market cap of C$227.70 million, a P/E ratio of -29.50, a price-to-earnings-growth ratio of 7.25 and a beta of 1.07. The business has a 50-day simple moving average of C$1.00 and a two-hundred day simple moving average of C$0.83. DIRTT Environmental Solutions has a fifty-two week low of C$0.45 and a fifty-two week high of C$1.38.

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, equities analysts forecast that DIRTT Environmental Solutions 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.