Distinct Infrastructure Group (DUG) Sets New 12-Month Low at $0.05

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.

Distinct Infrastructure Group (CVE:DUG) last released its earnings results on Thursday, November 29th. The company reported C$0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.02). The firm had revenue of C$21.45 million during the quarter, compared to the consensus estimate of C$26.75 million. On average, research analysts predict that Distinct Infrastructure Group Inc will post 0.01 earnings per share for the current fiscal year.

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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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