DATA Communications Management (TSE:DCM) Stock Breaks Above 50 Day Moving Average – Here’s What Happened

DATA Communications Management Corp. (TSE:DCM)’s share price crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of C$2.28 and traded as high as C$2.37. DATA Communications Management shares last traded at C$2.35, with a volume of 39,636 shares.

DATA Communications Management Price Performance

The business has a 50 day simple moving average of C$2.28 and a two-hundred day simple moving average of C$1.97. The firm has a market capitalization of C$147.03 million, a P/E ratio of 29.38 and a beta of -0.41. The company has a debt-to-equity ratio of 533.27, a quick ratio of 0.83 and a current ratio of 1.51.

DATA Communications Management (TSE:DCM) last posted its quarterly earnings data on Monday, August 10th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$110.92 million during the quarter. DATA Communications Management had a net margin of 0.98% and a return on equity of 10.60%. On average, sell-side analysts expect that DATA Communications Management Corp. will post 0.44 EPS for the current fiscal year.

Insider Buying and Selling

In other DATA Communications Management news, Director Gregory James Cochrane sold 75,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of C$2.80, for a total transaction of C$210,000.00. 22.41% of the stock is owned by insiders.

About DATA Communications Management

DCM is a leading Canadian tech-enabled provider of print and digital solutions that help simplify complex marketing communications and operations workflow. DCM serves over 2,500 clients including 70 of the 100 largest Canadian corporations and leading government agencies. Our core strength lies in delivering individualized services to our clients that simplify their communications, including customized printing, highly personalized marketing communications, campaign management, digital signage, and digital asset management.