Destiny Media Technologies (OTCMKTS:DSNY) Share Price Crosses Below 200-Day Moving Average of $1.01

Destiny Media Technologies Inc. (OTCMKTS:DSNY)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.01 and traded as low as $0.65. Destiny Media Technologies shares last traded at $0.80, with a volume of 3,450 shares.

Destiny Media Technologies Price Performance

The company’s fifty day simple moving average is $0.97 and its 200-day simple moving average is $1.01. The firm has a market capitalization of $7.86 million, a PE ratio of 80.04 and a beta of 0.95.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its quarterly earnings data on Monday, April 15th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. Destiny Media Technologies had a net margin of 4.65% and a return on equity of 5.74%. The business had revenue of $0.99 million for the quarter.

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.