D-BOX Technologies (TSE:DBO) Hits New 52-Week High – Here’s Why

D-BOX Technologies Inc. (TSE:DBO) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.75 and last traded at C$0.74, with a volume of 3104311 shares trading hands. The stock had previously closed at C$0.66.

D-BOX Technologies Price Performance

The company has a 50 day simple moving average of C$0.50 and a 200 day simple moving average of C$0.38. The company has a quick ratio of 1.07, a current ratio of 2.42 and a debt-to-equity ratio of 17.15. The company has a market capitalization of C$164.66 million, a price-to-earnings ratio of 18.97 and a beta of 1.85.

D-BOX Technologies (TSE:DBO) last issued its quarterly earnings data on Wednesday, November 12th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$16.11 million for the quarter. D-BOX Technologies had a return on equity of 16.25% and a net margin of 5.12%. As a group, research analysts predict that D-BOX Technologies Inc. will post 0.0096552 EPS for the current year.

Insiders Place Their Bets

In related news, Director Daniel Marks sold 700,000 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of C$0.63, for a total transaction of C$441,000.00. Following the completion of the sale, the director owned 7,949,500 shares of the company’s stock, valued at C$5,008,185. This represents a 8.09% decrease in their position. 10.74% of the stock is currently owned by 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.