Destiny Media Technologies Inc (OTCMKTS:DSNY) Major Shareholder Purchases $40,200.00 in Stock

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Destiny Media Technologies Inc (OTCMKTS:DSNY) major shareholder Mark A. Graber acquired 60,000 shares of Destiny Media Technologies stock in a transaction that occurred on Monday, June 29th. The shares were purchased at an average cost of $0.67 per share, for a total transaction of $40,200.00. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of OTCMKTS:DSNY opened at $0.74 on Wednesday. The company has a 50 day moving average price of $0.68 and a two-hundred day moving average price of $0.80. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 0.13. Destiny Media Technologies Inc has a 52 week low of $0.49 and a 52 week high of $1.28.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its quarterly earnings results on Wednesday, April 15th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.81 million during the quarter. Destiny Media Technologies had a net margin of 7.04% and a return on equity of 9.22%.

Destiny Media Technologies Company Profile

Destiny Media Technologies Inc, through its subsidiary, Destiny Software Productions Inc, develops and markets software as a service solutions for the distribution and promotion of digital media files over the Internet in the United States, Canada, Europe, Asia, South America, Africa, and Australia. It primarily develops technologies, which allow the distribution of digital media files either in a streaming or digital download format.

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