D-BOX Technologies (TSE:DBO) Shares Break Below 200-Day Moving Average – Here’s What Happened

Shares of D-BOX Technologies Inc. (TSE:DBO) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$0.99 and traded as low as C$0.72. D-BOX Technologies shares last traded at C$0.88, with a volume of 4,930,458 shares.

D-BOX Technologies Price Performance

The company has a debt-to-equity ratio of 10.12, a current ratio of 4.88 and a quick ratio of 1.07. The firm has a 50-day moving average of C$1.10 and a 200-day moving average of C$0.99. The stock has a market cap of C$191.08 million, a PE ratio of 10.89 and a beta of 1.45.

D-BOX Technologies (TSE:DBO) last released its earnings results on Tuesday, November 10th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$12.10 million for the quarter. D-BOX Technologies had a net margin of 31.78% and a return on equity of 57.66%. Research analysts predict that D-BOX Technologies Inc. will post 0.01 EPS for the current year.

Insider Transactions at D-BOX Technologies

In other news, Director Brigitte Bourque sold 57,500 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$1.10, for a total transaction of C$63,250.00. Following the completion of the transaction, the director directly owned 338,850 shares in the company, valued at approximately C$372,735. This represents a 14.51% decrease in their position. 10.74% of the stock is currently owned by 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.