D-BOX Technologies (TSE:DBO) Stock Price Up 1.3% – Here’s Why

D-BOX Technologies Inc. (TSE:DBO) was up 1.3% on Tuesday . The company traded as high as C$0.84 and last traded at C$0.81. Approximately 279,848 shares traded hands during trading, a decline of 49% from the average daily volume of 548,904 shares. The stock had previously closed at C$0.80.

D-BOX Technologies Trading Up 1.3%

The business has a 50 day simple moving average of C$0.81 and a two-hundred day simple moving average of C$0.79. The company has a current ratio of 2.93, a quick ratio of 1.07 and a debt-to-equity ratio of 23.17. The stock has a market cap of C$180.58 million, a price-to-earnings ratio of 11.41 and a beta of 1.67.

Insiders Place Their Bets

In other D-BOX Technologies news, Director Daniel Marks sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of C$0.75, for a total transaction of C$750,000.00. Following the completion of the sale, the director owned 4,000,000 shares in the company, valued at C$3,000,000. This trade represents a 20.00% decrease in their position. 10.74% of the stock is currently owned by company insiders.

About D-BOX Technologies

D-BOX redefines and creates realistic, immersive and haptic entertainment experiences by providing whole-body feedback and stimulating the imagination through movement. Haptics essentially allows for sensations that would be perceived if the body were to interact directly with physical objects. This expertise explains why D-BOX has collaborated with some of the world’s best companies to tell captivating stories. Whether it be movies, video games, virtual reality applications, themed entertainment or professional simulators, D-BOX’s mission is to make the world live and vibrate like never before.