Distinct Infrastructure Group (CVE:DUG) Shares Pass Below 50-Day Moving Average – Here’s Why

Shares of Distinct Infrastructure Group Inc (CVE:DUGGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Distinct Infrastructure Group Trading Up ?

The stock has a market capitalization of C$2.77 million and a P/E ratio of -0.25. The stock has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The company has a debt-to-equity ratio of 267.39, a quick ratio of 3.91 and a current ratio of 4.21.

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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