Dirtt Environmental Solutions (TSE:DRT) Shares Pass Below 50-Day Moving Average of $7.30

Dirtt Environmental Solutions Ltd (TSE:DRT) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.30 and traded as low as $6.54. Dirtt Environmental Solutions shares last traded at $6.59, with a volume of 20,700 shares traded.

A number of equities research analysts have weighed in on the stock. Raymond James set a C$10.00 target price on shares of Dirtt Environmental Solutions and gave the stock a “strong-buy” rating in a report on Thursday, August 1st. Beacon Securities lowered shares of Dirtt Environmental Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 9th. Finally, Industrial Alliance Securities reduced their target price on shares of Dirtt Environmental Solutions from C$9.50 to C$8.50 and set a “hold” rating on the stock in a report on Friday, May 10th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Dirtt Environmental Solutions has an average rating of “Buy” and a consensus price target of C$9.38.

The company has a quick ratio of 2.06, a current ratio of 2.55 and a debt-to-equity ratio of 17.57. The firm has a market capitalization of $574.88 million and a PE ratio of -92.05. The business has a fifty day moving average of C$7.28.

Dirtt Environmental Solutions Company Profile (TSE:DRT)

DIRTT Environmental Solutions Ltd. designs, manufactures, and installs customized prefabricated interiors. The company combines its proprietary 3D design, configuration, and manufacturing software with integrated in-house manufacturing of its prefabricated interior construction solutions and its distribution partner network.

Recommended Story: G-20

Receive News & Ratings for Dirtt Environmental Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dirtt Environmental Solutions and related companies with MarketBeat.com's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit