Destiny Media Technologies Inc. (CVE:DSY – Get Free Report)’s stock price dropped 5% during mid-day trading on Thursday . The stock traded as low as C$0.74 and last traded at C$0.95. Approximately 4,000 shares were traded during trading, an increase of 52% from the average session volume of 2,637 shares. The stock had previously closed at C$1.00.
Destiny Media Technologies Stock Down 5.0%
The business has a 50 day simple moving average of C$0.52 and a 200 day simple moving average of C$0.72. The company has a market capitalization of C$9.16 million, a PE ratio of -8.64 and a beta of -1.16.
Destiny Media Technologies Company Profile
Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.
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