Dirtt Environmental Solutions Ltd (DRT) Rating Increased to Buy at Beacon Securities
Dirtt Environmental Solutions Ltd (TSE:DRT) was upgraded by investment analysts at Beacon Securities from a “hold” rating to a “buy” rating in a research report issued on Wednesday.
A number of other research analysts also recently weighed in on DRT. Raymond James Financial, Inc. increased their price objective on shares of Dirtt Environmental Solutions from C$9.00 to C$10.00 and gave the company a “strong-buy” rating in a research report on Friday, August 4th. National Bank Financial set a C$8.25 price objective on shares of Dirtt Environmental Solutions in a research report on Friday, August 4th.
Shares of Dirtt Environmental Solutions (DRT) traded down 0.74% during mid-day trading on Wednesday, hitting $5.33. The stock had a trading volume of 191,614 shares. The stock has a 50 day moving average of $5.59 and a 200-day moving average of $6.31. The stock has a market capitalization of $451.76 million and a P/E ratio of 111.04. Dirtt Environmental Solutions has a 52 week low of $4.59 and a 52 week high of $7.51.
In other Dirtt Environmental Solutions news, insider Barrie Arnold Loberg sold 40,000 shares of the stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of C$6.66, for a total value of C$266,400.00. Also, Director Mogens Falk Smed sold 41,667 shares of the stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of C$6.75, for a total transaction of C$281,252.25. In the last 90 days, insiders have purchased 63,000 shares of company stock worth $362,065 and have sold 86,667 shares worth $575,702.
Dirtt Environmental Solutions Company Profile
DIRTT Environmental Solutions Ltd. is a manufacturer of customized interiors. The Company combines its three-dimensional (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.
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