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

D-BOX Technologies Inc. (TSE:DBO)’s share price rose 1.3% during trading on Tuesday . The stock traded as high as C$0.84 and last traded at C$0.81. Approximately 279,848 shares changed 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 Stock Up 1.3%

The firm has a 50-day moving average of C$0.81 and a 200 day moving average of C$0.79. The stock has a market capitalization of C$180.58 million, a price-to-earnings ratio of 11.41 and a beta of 1.67. The company has a current ratio of 2.93, a quick ratio of 1.07 and a debt-to-equity ratio of 23.17.

Insider Buying and Selling

In related news, Director Daniel Marks sold 1,000,000 shares of the business’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 transaction, the director directly owned 4,000,000 shares of the company’s stock, valued at approximately C$3,000,000. The trade was a 20.00% decrease in their position. Company insiders own 10.74% of the company’s stock.

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.