D-BOX Technologies (TSE:DBO) Trading 28.8% Higher – Here’s What Happened

D-BOX Technologies Inc. (TSE:DBO) shot up 28.8% during mid-day trading on Thursday . The stock traded as high as C$0.68 and last traded at C$0.67. 3,111,373 shares changed hands during mid-day trading, an increase of 557% from the average session volume of 473,602 shares. The stock had previously closed at C$0.52.

D-BOX Technologies Stock Up 1.6%

The company has a market capitalization of C$142.28 million, a P/E ratio of 22.86 and a beta of 1.85. The company has a debt-to-equity ratio of 17.15, a current ratio of 2.42 and a quick ratio of 1.07. The company has a 50 day moving average of C$0.44 and a 200-day moving average of C$0.34.

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

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.