Distinct Infrastructure Group (CVE:DUG) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Distinct Infrastructure Group Inc (CVE:DUGGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.06 and traded as low as C$0.05. Distinct Infrastructure Group shares last traded at C$0.06, with a volume of 667,500 shares traded.

Distinct Infrastructure Group Stock Performance

The company has a debt-to-equity ratio of 267.39, a current ratio of 4.21 and a quick ratio of 3.91. The stock’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.06. The company has a market cap of C$2.77 million and a P/E ratio of -0.25.

About Distinct Infrastructure Group

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Distinct Infrastructure Group Inc, through its subsidiaries, operates as a design, engineering, construction, services, and maintenance company in Canada. The company offers technical services and maintenance, underground and aerial civil construction, third party material management, and hydro-excavation services to the utilities and telecommunications sectors, as well as to governments. Distinct Infrastructure Group Inc was founded in 2007 and is headquartered in Toronto, Canada.

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