Destiny Media Technologies Inc (OTCMKTS:DSNY) Major Shareholder Mark A. Graber Acquires 60,000 Shares of Stock

Destiny Media Technologies Inc (OTCMKTS:DSNY) major shareholder Mark A. Graber purchased 60,000 shares of the stock in a transaction on Monday, June 29th. The shares were bought at an average price of $0.67 per share, for a total transaction of $40,200.00. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Destiny Media Technologies stock opened at $0.74 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.87 and a current ratio of 3.87. The firm has a fifty day simple moving average of $0.68 and a 200-day simple moving average of $0.80. Destiny Media Technologies Inc has a 1-year low of $0.49 and a 1-year high of $1.28.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its earnings results on Wednesday, April 15th. The technology company reported ($0.01) EPS for the quarter. The firm had revenue of $0.81 million during the quarter. Destiny Media Technologies had a return on equity of 9.22% and a net margin of 7.04%.

About Destiny Media Technologies

Destiny Media Technologies Inc, through its subsidiary, Destiny Software Productions Inc, develops and markets software as a service solutions for the distribution and promotion of digital media files over the Internet in the United States, Canada, Europe, Asia, South America, Africa, and Australia. It primarily develops technologies, which allow the distribution of digital media files either in a streaming or digital download format.

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