D-BOX Technologies (TSE:DBO) Stock Price Up 7.5% – Here’s What Happened

D-BOX Technologies Inc. (TSE:DBO)’s share price shot up 7.5% on Monday . The company traded as high as C$0.72 and last traded at C$0.72. 1,094,690 shares were traded during mid-day trading, an increase of 46% from the average session volume of 747,882 shares. The stock had previously closed at C$0.67.

D-BOX Technologies Stock Down 3.8%

The firm has a market capitalization of C$169.28 million, a price-to-earnings ratio of 10.70 and a beta of 1.66. The company has a debt-to-equity ratio of 23.17, a quick ratio of 1.07 and a current ratio of 2.93. The business’s 50 day moving average is C$0.78 and its 200-day moving average is C$0.67.

D-BOX Technologies (TSE:DBO) last released its quarterly earnings results on Tuesday, February 10th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company had revenue of C$13.79 million during the quarter. D-BOX Technologies had a net margin of 31.15% and a return on equity of 71.47%. Equities analysts anticipate that D-BOX Technologies Inc. will post 0.0096552 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Daniel Marks sold 1,000,000 shares of the 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 completion of the sale, the director owned 4,000,000 shares in the company, valued at C$3,000,000. This represents a 20.00% decrease in their position. In the last ninety days, insiders sold 2,570,500 shares of company stock worth $1,890,760. 10.74% of the stock is owned by corporate insiders.

D-BOX Technologies Company Profile

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.