D-BOX Technologies (TSE:DBO) Shares Down 5.5% – Here’s Why

D-BOX Technologies Inc. (TSE:DBO) shares fell 5.5% on Tuesday . The stock traded as low as C$0.86 and last traded at C$0.86. 988,655 shares changed hands during mid-day trading, an increase of 66% from the average session volume of 597,036 shares. The stock had previously closed at C$0.91.

D-BOX Technologies Trading Down 5.5%

The company’s fifty day moving average price is C$0.77 and its two-hundred day moving average price is C$0.75. The company has a current ratio of 2.93, a quick ratio of 1.07 and a debt-to-equity ratio of 23.17. The firm has a market cap of C$191.73 million, a P/E ratio of 12.11 and a beta of 1.67.

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

Insider Activity at D-BOX Technologies

In other news, Director Daniel Marks sold 1,070,500 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of C$0.72, for a total value of C$770,760.00. Following the transaction, the director directly owned 5,500,000 shares of the company’s stock, valued at C$3,960,000. The trade was a 16.29% decrease in their position. Over the last 90 days, insiders sold 2,570,500 shares of company stock valued at $1,890,760. 10.74% of the stock is 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. 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.