DIRTT Environmental Solutions (TSE:DRT) Stock Price Down 8.3% – Here’s Why

DIRTT Environmental Solutions Ltd. (TSE:DRT)’s stock price was down 8.3% during trading on Wednesday . The company traded as low as C$0.98 and last traded at C$0.99. Approximately 132,171 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 53,734 shares. The stock had previously closed at C$1.08.

DIRTT Environmental Solutions Price Performance

The company has a 50 day moving average of C$0.85 and a 200 day moving average of C$0.72. The stock has a market capitalization of C$183.32 million, a price-to-earnings ratio of -27.00, a price-to-earnings-growth ratio of 7.25 and a beta of 1.07. The company has a quick ratio of 0.87, a current ratio of 2.64 and a debt-to-equity ratio of 246.87.

Insider Buying and Selling

In other DIRTT Environmental Solutions news, Director Shaun Noll bought 156,250 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was purchased at an average price of C$0.69 per share, with a total value of C$108,375.00. 33.35% of the stock is currently owned by company insiders.

DIRTT Environmental Solutions Company Profile

DIRTT Environmental Solutions Ltd. operates as a interior construction company in Canada. Its ICE software provides the industrialized construction system to design, visualize, organize, configure, price, manufacture, assemble, and install the job. The company offers interior solutions to doors, casework, timber, electrical, networks, access floors, and solid, glass, combination, leaf folding, and headwalls.