DIRTT Environmental Solutions (TSE:DRT) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?
DIRTT Environmental Solutions (TSE:DRT) shares fell below their 200-day moving average of C$1.00, trading at C$0.99 with a volume of 40,539 shares. The stock is down 1.0%, and Cormark recently upgraded it to a "moderate buy" rating. The company has a market cap of C$134.63 million and various financial ratios indicating its performance. Insider buying was noted, with Director Shaun Noll purchasing 43,500 shares at C$1.03 each. Despite a Hold rating from analysts, other stocks are recommended over DIRTT.
DIRTT Environmental Solutions Ltd. (TSE:DRT - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.00 and traded as low as C$0.99. DIRTT Environmental Solutions shares last traded at C$0.99, with a volume of 40,539 shares.
Analyst Ratings Changes
Separately, Cormark upgraded shares of DIRTT Environmental Solutions to a "moderate buy" rating in a research report on Tuesday, January 21st.
Get Our Latest Analysis on DIRTT Environmental Solutions
DIRTT Environmental Solutions Stock Down 1.0 %
The firm has a 50-day moving average of C$1.03 and a two-hundred day moving average of C$1.00. The stock has a market capitalization of C$134.63 million, a price-to-earnings ratio of 11.84, a price-to-earnings-growth ratio of 7.25 and a beta of 1.07. The company has a quick ratio of 0.87, a current ratio of 2.18 and a debt-to-equity ratio of 139.08.
Insider Buying and Selling
In related news, Director Shaun Noll purchased 43,500 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was bought at an average price of C$1.03 per share, for a total transaction of C$44,896.35. 33.35% of the stock is currently owned by corporate insiders.
About DIRTT Environmental Solutions
(Get Free Report)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.
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