Destiny Media Technologies (OTCMKTS:DSNY) Stock Price Passes Above 50 Day Moving Average of $1.05

Destiny Media Technologies Inc. (OTCMKTS:DSNY) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.05 and traded as high as $1.06. Destiny Media Technologies shares last traded at $1.04, with a volume of 7,110 shares trading hands.

Destiny Media Technologies Price Performance

The firm has a market cap of $10.61 million, a P/E ratio of 108.11 and a beta of 1.06. The company’s 50 day moving average is $1.05 and its two-hundred day moving average is $1.03.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its quarterly earnings data on Monday, April 15th. The technology company reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.99 million for the quarter. Destiny Media Technologies had a return on equity of 5.74% and a net margin of 4.65%.

Destiny Media Technologies Company Profile

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.