D-BOX Technologies (TSE:DBO) Trading 12.1% Higher – What’s Next?

D-BOX Technologies Inc. (TSE:DBO) rose 12.1% during trading on Friday . The company traded as high as C$0.75 and last traded at C$0.74. Approximately 3,104,311 shares changed hands during trading, an increase of 511% from the average daily volume of 507,676 shares. The stock had previously closed at C$0.66.

D-BOX Technologies Price Performance

The company has a current ratio of 2.42, a quick ratio of 1.07 and a debt-to-equity ratio of 17.15. The stock has a market cap of C$186.91 million, a PE ratio of 21.54 and a beta of 1.99. The business has a 50-day moving average price of C$0.51 and a 200 day moving average price of C$0.39.

D-BOX Technologies (TSE:DBO) last announced its quarterly earnings data on Wednesday, November 12th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$16.11 million during the quarter. D-BOX Technologies had a return on equity of 16.25% and a net margin of 5.12%. As a group, research analysts forecast that D-BOX Technologies Inc. will post 0.0096552 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Daniel Marks sold 700,000 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of C$0.63, for a total value of C$441,000.00. Following the sale, the director owned 7,949,500 shares of the company’s stock, valued at C$5,008,185. The trade was a 8.09% decrease in their ownership of the stock. 10.74% of the stock is currently owned by company insiders.

About D-BOX Technologies

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.