D-BOX Technologies (TSE:DBO) Shares Up 26.9% – Here’s What Happened

D-BOX Technologies Inc. (TSE:DBO)’s share price shot up 26.9% on Thursday . The company traded as high as C$0.68 and last traded at C$0.66. 3,152,588 shares were traded during mid-day trading, an increase of 566% from the average session volume of 473,602 shares. The stock had previously closed at C$0.52.

D-BOX Technologies Trading Up 1.6%

The company’s fifty day moving average is C$0.44 and its 200-day moving average is C$0.34. The company has a current ratio of 2.42, a quick ratio of 1.07 and a debt-to-equity ratio of 17.15. The firm has a market capitalization of C$142.28 million, a P/E ratio of 22.86 and a beta of 1.85.

D-BOX Technologies (TSE:DBO) last released its earnings results on Wednesday, November 12th. The company reported C$0.02 earnings per share for the quarter. D-BOX Technologies had a net margin of 5.12% and a return on equity of 16.25%. The firm had revenue of C$16.11 million during the quarter. As a group, sell-side analysts anticipate that D-BOX Technologies Inc. will post 0.0096552 earnings per share for the current fiscal year.

About D-BOX Technologies

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.