D-BOX Technologies (TSE:DBO) Stock Falls 19.6% – Should You Sell?

D-BOX Technologies Inc. (TSE:DBO – Get Free Report) shares dropped 19.6% on Wednesday. The company traded as low as C$0.72 and last traded at C$0.86. Approximately 3,952,942 shares traded hands during mid-day trading, an increase of 553% from the average daily volume of 605,592 shares. The stock had previously closed at C$1.07.

D-BOX Technologies Price Performance

The company has a debt-to-equity ratio of 10.12, a current ratio of 4.88 and a quick ratio of 1.07. The firm has a market capitalization of C$186.64 million, a PE ratio of 10.63 and a beta of 1.45. The business’s 50 day moving average is C$1.10 and its two-hundred day moving average is C$0.99.

D-BOX Technologies (TSE:DBO – Get Free Report) last issued its quarterly earnings results on Tuesday, November 10th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$12.10 million for the quarter. D-BOX Technologies had a net margin of 31.78% and a return on equity of 57.66%. As a group, research analysts anticipate that D-BOX Technologies Inc. will post 0.01 EPS for the current year.

Insider Transactions at D-BOX Technologies

In related news, Director Brigitte Bourque sold 57,500 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of C$1.10, for a total value of C$63,250.00. Following the transaction, the director owned 338,850 shares of the company’s stock, valued at C$372,735. This represents a 14.51% decrease in their ownership of the stock. Company insiders own 10.74% of the company’s stock.

D-BOX Technologies Company Profile

(Get Free Report)

D-BOX redefines and creates realistic, immersive and haptic entertainment experiences by providing whole-body feedback and stimulating the imagination through movement. Haptics essentially allows for sensations that would be perceived if the body were to interact directly with physical objects. This expertise explains why D-BOX has collaborated with some of the world’s best companies to tell captivating stories. Whether it be movies, video games, virtual reality applications, themed entertainment or professional simulators, D-BOX’s mission is to make the world live and vibrate like never before.

Further Reading

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