DIRTT Environmental Solutions (TSE:DRT) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

DIRTT Environmental Solutions Ltd. (TSE:DRT)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.95 and traded as low as C$0.91. DIRTT Environmental Solutions shares last traded at C$0.99, with a volume of 96,441 shares trading hands.

Analysts Set New Price Targets

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

DIRTT Environmental Solutions Stock Up 6.1 %

The company has a quick ratio of 0.87, a current ratio of 2.18 and a debt-to-equity ratio of 139.08. The stock’s 50-day simple moving average is C$1.10 and its 200 day simple moving average is C$0.95. The firm has a market cap of C$142.79 million, a P/E ratio of 12.55, a PEG ratio of 7.25 and a beta of 1.07.

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.