DIRTT Environmental Solutions (TSE:DRT) Stock Price Down 7.5% – Time to Sell?

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares dropped 7.5% during trading on Thursday . The stock traded as low as C$0.74 and last traded at C$0.74. Approximately 112,377 shares changed hands during trading, an increase of 55% from the average daily volume of 72,601 shares. The stock had previously closed at C$0.80.

DIRTT Environmental Solutions Stock Performance

The company has a market cap of C$139.21 million, a price-to-earnings ratio of -9.00, a price-to-earnings-growth ratio of 7.25 and a beta of 0.14. The firm has a 50-day simple moving average of C$0.84 and a 200 day simple moving average of C$0.89. The company has a quick ratio of 0.87, a current ratio of 1.10 and a debt-to-equity ratio of 219.37.

DIRTT Environmental Solutions (TSE:DRT) last released its quarterly earnings results on Wednesday, May 6th. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$58.99 million for the quarter. DIRTT Environmental Solutions had a negative return on equity of 43.41% and a negative net margin of 8.55%. On average, sell-side analysts predict that DIRTT Environmental Solutions Ltd. will post 0.0254001 earnings per share for the current fiscal year.

About DIRTT Environmental Solutions

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (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. It offers services to various sectors which include healthcare, education, commercial and other sectors. DIRTT operates its activity through the U.S and Canada of which, the United States generates a majority of revenue.