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D-BOX Technologies (TSE:DBO) Reaches New 52-Week High Following Insider Buying Activity

D-BOX Technologies logo with Computer and Technology background

D-BOX Technologies Inc. (TSE:DBO - Get Free Report)'s share price hit a new 52-week high during trading on Friday after an insider bought additional shares in the company. The company traded as high as C$0.33 and last traded at C$0.29, with a volume of 2983305 shares changing hands. The stock had previously closed at C$0.25.

Specifically, Director David Mclurg purchased 700,000 shares of D-BOX Technologies stock in a transaction that occurred on Friday, June 27th. The stock was purchased at an average cost of C$0.27 per share, with a total value of C$186,116.00. Also, Director Naveen Prasad acquired 200,000 shares of the company's stock in a transaction on Friday, June 20th. The shares were purchased at an average cost of C$0.25 per share, for a total transaction of C$50,980.00. In other news, Director Lori Mary Anne Tersigni bought 400,000 shares of D-BOX Technologies stock in a transaction dated Friday, June 20th. The stock was acquired at an average cost of C$0.24 per share, with a total value of C$96,000.00.

D-BOX Technologies Stock Up 16.0%

The stock has a market cap of C$64.34 million, a PE ratio of 30.75 and a beta of 0.99. The business has a 50 day moving average of C$0.21 and a 200-day moving average of C$0.18. The company has a current ratio of 2.42, a quick ratio of 1.07 and a debt-to-equity ratio of 17.15.

About D-BOX Technologies

(Get Free Report)

D-BOX Technologies Inc designs, manufactures, and commercializes motion systems intended for the entertainment and simulation, and training markets worldwide. The company produces haptic effects programmed for visual content, which are sent to a haptic system integrated within a platform, a seat, or various other products.

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