D-BOX Technologies (TSE:DBO) Stock Price Down 19.6% – Time to Sell?

D-BOX Technologies Inc. (TSE:DBO) shares fell 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 Trading Down 17.8%

The business’s 50 day simple moving average is C$1.11 and its two-hundred day simple moving average is C$0.99. The company has a quick ratio of 1.07, a current ratio of 4.88 and a debt-to-equity ratio of 10.12. The stock has a market cap of C$195.52 million, a P/E ratio of 11.14 and a beta of 1.45.

D-BOX Technologies (TSE:DBO) last posted its earnings results on Tuesday, August 11th. The company reported C$0.01 EPS for the quarter. D-BOX Technologies had a return on equity of 57.66% and a net margin of 31.78%. The firm had revenue of C$13.40 million during the quarter. As a group, analysts expect that D-BOX Technologies Inc. will post 0.01 EPS for the current year.

Insider Buying and Selling at D-BOX Technologies

In other news, Director Brigitte Bourque sold 57,500 shares of the stock in a transaction dated 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 completion of the sale, the director owned 338,850 shares of the company’s stock, valued at approximately C$372,735. This represents a 14.51% decrease in their ownership of the stock. Insiders own 10.74% of the company’s stock.

D-BOX Technologies Company Profile

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.