Distinct Infrastructure Group (CVE:DUG) Shares Cross Below Fifty Day Moving Average – Here’s Why

Shares of Distinct Infrastructure Group Inc (CVE:DUGGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.06 and traded as low as C$0.05. Distinct Infrastructure Group shares last traded at C$0.06, with a volume of 667,500 shares.

Distinct Infrastructure Group Price Performance

The firm has a market cap of C$2.77 million and a price-to-earnings ratio of -0.25. The company has a debt-to-equity ratio of 267.39, a quick ratio of 3.91 and a current ratio of 4.21. The company’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.06.

Distinct Infrastructure Group Company Profile

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Distinct Infrastructure Group Inc, through its subsidiaries, operates as a design, engineering, construction, services, and maintenance company in Canada. The company offers technical services and maintenance, underground and aerial civil construction, third party material management, and hydro-excavation services to the utilities and telecommunications sectors, as well as to governments.

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