Shares of Distinct Infrastructure Group Inc (CVE:DUG) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 0 shares changing hands. The stock had previously closed at C$0.06.
DUG has been the subject of several recent research reports. Canaccord Genuity lowered their price objective on shares of Distinct Infrastructure Group from C$0.60 to C$0.20 in a research report on Monday, December 3rd. Raymond James lowered their price objective on shares of Distinct Infrastructure Group from C$1.20 to C$0.30 and set a “market perform” rating for the company in a research report on Thursday, December 6th.
The company has a current ratio of 4.21, a quick ratio of 3.91 and a debt-to-equity ratio of 267.39. The stock has a market cap of $2.77 million and a PE ratio of -0.25.
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About Distinct Infrastructure Group (CVE:DUG)
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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