DIRTT Environmental Solutions (TSE:DRT) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

DIRTT Environmental Solutions Ltd. (TSE:DRT) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.00 and traded as low as C$0.99. DIRTT Environmental Solutions shares last traded at C$0.99, with a volume of 40,539 shares.

Analyst Ratings Changes

Separately, Cormark upgraded shares of DIRTT Environmental Solutions to a “moderate buy” rating in a research report on Tuesday, January 21st.

DIRTT Environmental Solutions Stock Down 1.0 %

The firm has a 50-day moving average of C$1.03 and a two-hundred day moving average of C$1.00. The stock has a market capitalization of C$134.63 million, a price-to-earnings ratio of 11.84, a price-to-earnings-growth ratio of 7.25 and a beta of 1.07. The company has a quick ratio of 0.87, a current ratio of 2.18 and a debt-to-equity ratio of 139.08.

Insider Buying and Selling

In related news, Director Shaun Noll purchased 43,500 shares of the firm’s stock in a transaction dated Friday, March 21st. The stock was bought at an average price of C$1.03 per share, for a total transaction of C$44,896.35. 33.35% of the stock is currently owned by corporate insiders.

About DIRTT Environmental Solutions

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors.