D-BOX Technologies (TSE:DBO) Sets New 1-Year High on Insider Buying Activity

D-BOX Technologies Inc. (TSE:DBO)’s share price reached a new 52-week high during trading on Friday after an insider bought additional shares in the company. The stock traded as high as C$0.33 and last traded at C$0.29, with a volume of 2983305 shares traded. The stock had previously closed at C$0.25.

Specifically, Director David Mclurg purchased 700,000 shares of D-BOX Technologies stock in a transaction dated Friday, June 27th. The stock was bought at an average cost of C$0.27 per share, for a total transaction of C$186,116.00. Also, Director Naveen Prasad purchased 200,000 shares of D-BOX Technologies stock in a transaction dated Friday, June 20th. The shares were bought at an average price of C$0.25 per share, with a total value of C$50,980.00. In related news, Director Lori Mary Anne Tersigni purchased 400,000 shares of D-BOX Technologies stock in a transaction dated Friday, June 20th. The stock was bought at an average cost of C$0.24 per share, for a total transaction of C$96,000.00.

D-BOX Technologies Price Performance

The company has a debt-to-equity ratio of 17.15, a quick ratio of 1.07 and a current ratio of 2.42. The stock has a market capitalization of C$64.34 million, a price-to-earnings ratio of 30.75 and a beta of 0.99. The company has a 50-day moving average of C$0.21 and a 200-day moving average of C$0.18.

D-BOX Technologies Company Profile

D-BOX Technologies Inc designs, manufactures, and commercializes motion systems intended for the entertainment and simulation, and training markets worldwide. The company produces haptic effects programmed for visual content, which are sent to a haptic system integrated within a platform, a seat, or various other products.