DIRTT Environmental Solutions (TSE:DRT) Share Price Passes Below 200 Day Moving Average – What’s Next?

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.85 and traded as low as C$0.71. DIRTT Environmental Solutions shares last traded at C$0.71, with a volume of 1,033 shares changing hands.

DIRTT Environmental Solutions Price Performance

The company has a quick ratio of 0.87, a current ratio of 1.16 and a debt-to-equity ratio of 159.26. The firm has a market capitalization of C$137.51 million, a PE ratio of -7.10, a PEG ratio of 7.25 and a beta of -0.01. The stock has a 50-day moving average price of C$0.77 and a 200 day moving average price of C$0.85.

DIRTT Environmental Solutions (TSE:DRT) last announced its earnings results on Wednesday, May 6th. The company reported C($0.03) earnings per share (EPS) for the quarter. DIRTT Environmental Solutions had a negative net margin of 10.03% and a negative return on equity of 57.39%. The business had revenue of C$58.99 million for the quarter. Equities analysts forecast 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. DIRTT operates its activity through the U.S and Canada of which, the United States generates a majority of revenue.