D-BOX Technologies (TSE:DBO) Shares Break Below Two Hundred Day Moving Average – Time to Sell?

Shares of D-BOX Technologies Inc. (TSE:DBO) passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of C$0.99 and traded as low as C$0.72. D-BOX Technologies shares last traded at C$0.88, with a volume of 4,930,458 shares changing hands.

D-BOX Technologies Stock Down 17.8%

The stock has a market cap of C$195.52 million, a P/E ratio of 11.14 and a beta of 1.45. The company has a quick ratio of 1.07, a current ratio of 4.88 and a debt-to-equity ratio of 10.12. The business has a 50-day simple moving average of C$1.10 and a 200-day simple moving average of C$0.99.

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

Insider Activity

In other news, Director Brigitte Bourque sold 57,500 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 338,850 shares of the company’s stock, valued at approximately C$372,735. This trade represents a 14.51% decrease in their ownership of the stock. Corporate 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.