DIRTT Environmental Solutions (TSE:DRT) Rating Increased to Moderate Buy at Cormark

DIRTT Environmental Solutions (TSE:DRT) was upgraded by stock analysts at Cormark to a “moderate buy” rating in a report released on Tuesday,Zacks.com reports. Cormark also issued estimates for DIRTT Environmental Solutions’ FY2024 earnings at $0.03 EPS, FY2025 earnings at $0.07 EPS and FY2026 earnings at $0.12 EPS.

DIRTT Environmental Solutions Trading Down 4.8 %

Shares of DRT stock traded down C$0.06 during mid-day trading on Tuesday, hitting C$1.20. 180,922 shares of the company’s stock were exchanged, compared to its average volume of 94,634. DIRTT Environmental Solutions has a fifty-two week low of C$0.45 and a fifty-two week high of C$1.38. The stock has a 50-day simple moving average of C$1.00 and a two-hundred day simple moving average of C$0.83. The company has a quick ratio of 0.87, a current ratio of 2.64 and a debt-to-equity ratio of 246.87. The stock has a market cap of C$231.56 million, a price-to-earnings ratio of -30.00, a PEG ratio of 7.25 and a beta of 1.07.

DIRTT Environmental Solutions (TSE:DRT) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. DIRTT Environmental Solutions had a negative return on equity of 7.85% and a negative net margin of 0.94%. Equities analysts expect that DIRTT Environmental Solutions will post 0.0254001 EPS for the current fiscal year.

DIRTT Environmental Solutions Company Profile

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors.