D-BOX Technologies (TSE:DBO) Trading Up 3.7% – Here’s Why

Shares of D-BOX Technologies Inc. (TSE:DBO) were up 3.7% during mid-day trading on Tuesday . The company traded as high as C$0.83 and last traded at C$0.83. Approximately 451,840 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 656,698 shares. The stock had previously closed at C$0.80.

D-BOX Technologies Trading Up 2.4%

The company has a market capitalization of C$187.27 million, a P/E ratio of 11.83 and a beta of 1.56. The stock’s 50 day moving average is C$0.76 and its 200-day moving average is C$0.71. The company has a debt-to-equity ratio of 23.17, a current ratio of 2.93 and a quick ratio of 1.07.

D-BOX Technologies (TSE:DBO) last released its quarterly earnings results on Tuesday, February 10th. The company reported C$0.04 earnings per share (EPS) for the quarter. D-BOX Technologies had a net margin of 31.15% and a return on equity of 71.47%. The company had revenue of C$13.79 million during the quarter. As a group, equities research analysts anticipate that D-BOX Technologies Inc. will post 0.0096552 earnings per share for the current year.

Insider Transactions at D-BOX Technologies

In related news, Director Daniel Marks sold 1,070,500 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of C$0.72, for a total value of C$770,760.00. Following the completion of the transaction, the director directly owned 5,500,000 shares of the company’s stock, valued at C$3,960,000. This represents a 16.29% decrease in their ownership of the stock. Insiders have sold 2,570,500 shares of company stock valued at $1,890,760 over the last ninety days. 10.74% of the stock is owned by corporate insiders.

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. Whether it be movies, video games, virtual reality applications, themed entertainment or professional simulators, D-BOX’s mission is to make the world live and vibrate like never before.