Destiny Media Technologies (OTCMKTS:DSNY) Announces Earnings Results

Destiny Media Technologies (OTCMKTS:DSNY) issued its quarterly earnings results on Tuesday. The technology company reported ($0.03) earnings per share for the quarter, Zacks reports. Destiny Media Technologies had a negative return on equity of 25.48% and a negative net margin of 14.80%.

Destiny Media Technologies Price Performance

OTCMKTS DSNY remained flat at $0.78 during mid-day trading on Wednesday. 1,000 shares of the company traded hands, compared to its average volume of 7,409. The firm’s fifty day moving average price is $0.56 and its 200 day moving average price is $0.50. Destiny Media Technologies has a twelve month low of $0.24 and a twelve month high of $0.81. The stock has a market capitalization of $7.47 million, a price-to-earnings ratio of -11.07 and a beta of 0.45.

About Destiny Media Technologies

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.