DIRTT Environmental Solutions (TSE:DRT) Stock Rating Upgraded by Cormark

DIRTT Environmental Solutions (TSE:DRT) was upgraded by equities research analysts at Cormark to a “moderate buy” rating in a report released on Tuesday,Zacks.com reports. Cormark also issued estimates for DIRTT Environmental Solutions’ FY2024 earnings at $0.03 EPS, FY2025 earnings at $0.07 EPS and FY2026 earnings at $0.12 EPS.

DIRTT Environmental Solutions Price Performance

TSE DRT opened at C$1.20 on Tuesday. The stock’s 50 day simple moving average is C$1.00 and its 200 day simple moving average is C$0.83. The company has a debt-to-equity ratio of 246.87, a current ratio of 2.64 and a quick ratio of 0.87. DIRTT Environmental Solutions has a one year low of C$0.45 and a one year high of C$1.38. The firm has a market cap of C$231.56 million, a PE ratio of -30.00, a price-to-earnings-growth ratio of 7.25 and a beta of 1.07.

DIRTT Environmental Solutions (TSE:DRT) last announced its earnings results on Wednesday, November 6th. The company reported C$0.04 earnings per share for the quarter. DIRTT Environmental Solutions had a negative return on equity of 7.85% and a negative net margin of 0.94%. As a group, sell-side analysts forecast that DIRTT Environmental Solutions will post 0.0254001 earnings per share for the current fiscal year.

About DIRTT Environmental Solutions

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors.