DIRTT Environmental Solutions (TSE:DRT) Stock Passes Above 50 Day Moving Average – Time to Sell?

DIRTT Environmental Solutions Ltd. (TSE:DRT)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.06 and traded as high as C$1.19. DIRTT Environmental Solutions shares last traded at C$1.18, with a volume of 26,871 shares trading hands.

Analyst Upgrades and Downgrades

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

DIRTT Environmental Solutions Price Performance

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 business has a 50 day moving average price of C$1.06 and a 200-day moving average price of C$0.88. The company has a market capitalization of C$227.70 million, a price-to-earnings ratio of -29.50, a P/E/G ratio of 7.25 and a beta of 1.07.

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