D-BOX Technologies (TSE:DBO) Stock Falls 19.6% – Should You Sell?

D-BOX Technologies Inc. (TSE:DBO)’s stock price dropped 19.6% on Wednesday. The stock traded as low as C$0.72 and last traded at C$0.86. 3,952,942 shares traded hands during mid-day trading, an increase of 553% from the average session volume of 605,592 shares. The stock had previously closed at C$1.07.

D-BOX Technologies Stock Down 17.8%

The company has a current ratio of 4.88, a quick ratio of 1.07 and a debt-to-equity ratio of 10.12. The firm’s 50 day moving average price is C$1.11 and its two-hundred day moving average price is C$0.99. The company has a market capitalization of C$195.52 million, a price-to-earnings ratio of 11.14 and a beta of 1.45.

D-BOX Technologies (TSE:DBO) last posted its earnings results on Tuesday, August 11th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$13.40 million for the quarter. D-BOX Technologies had a return on equity of 57.66% and a net margin of 31.78%. Sell-side analysts anticipate that D-BOX Technologies Inc. will post 0.01 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Brigitte Bourque sold 57,500 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$1.10, for a total value of C$63,250.00. Following the completion of the sale, the director directly owned 338,850 shares in the company, valued at approximately C$372,735. The trade was a 14.51% decrease in their ownership of the stock. Company insiders own 10.74% of the company’s stock.

D-BOX Technologies Company Profile

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.