DIRTT Environmental Solutions (TSE:DRT) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

DIRTT Environmental Solutions Ltd. (TSE:DRT)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.09 and traded as high as C$1.23. DIRTT Environmental Solutions shares last traded at C$1.19, with a volume of 27,644 shares.

Wall Street Analyst Weigh In

Separately, Cormark raised DIRTT Environmental Solutions to a “moderate buy” rating in a research report on Tuesday, January 21st.

DIRTT Environmental Solutions Price Performance

The stock’s 50-day moving average is C$1.09 and its 200-day moving average is C$0.90. The firm has a market cap of C$161.83 million, a P/E ratio of 14.23, a price-to-earnings-growth ratio of 7.25 and a beta of 1.07. The company has a quick ratio of 0.87, a current ratio of 2.18 and a debt-to-equity ratio of 139.08.

DIRTT Environmental Solutions Company Profile

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.