Destiny Media Technologies (CVE:DSY) Share Price Crosses Above Fifty Day Moving Average of $1.41

Destiny Media Technologies Inc. (CVE:DSY)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.41 and traded as high as C$1.46. Destiny Media Technologies shares last traded at C$1.46, with a volume of 5,986 shares trading hands.

Destiny Media Technologies Price Performance

The business’s 50 day moving average is C$1.41 and its 200-day moving average is C$1.38. The firm has a market capitalization of C$14.78 million, a P/E ratio of 48.67 and a beta of 1.07. The company has a quick ratio of 5.78, a current ratio of 6.12 and a debt-to-equity ratio of 4.91.

Destiny Media Technologies (CVE:DSY) last posted its earnings results on Monday, April 15th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$1.33 million for the quarter. Destiny Media Technologies had a return on equity of 9.50% and a net margin of 7.83%. As a group, sell-side analysts predict that Destiny Media Technologies Inc. will post 0.01 EPS for the current fiscal year.

Destiny Media Technologies Company Profile

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.