D-BOX Technologies (TSE:DBO) Reaches New 1-Year High - Here's Why

Key Points

• D-BOX Technologies has achieved a new 52-week high, trading as high as C$0.47 before closing at C$0.45, marking a 7% increase in trading.
• The company has a market capitalization of C$102.26 million, a P/E ratio of 16.43, and a relatively high beta of 1.76, indicating higher volatility compared to the market.
• Company insiders have shown strong confidence in D-BOX by purchasing 1,350,000 shares in the last three months, representing 10.74% ownership of the firm.

Shares of D-BOX Technologies Inc. (TSE:DBO - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.47 and last traded at C$0.45, with a volume of 1068156 shares changing hands. The stock had previously closed at C$0.43.

D-BOX Technologies Trading Down 2.2%

The firm has a market cap of C$97.82 million, a P/E ratio of 15.71 and a beta of 1.76. The company's fifty day moving average price is C$0.37 and its two-hundred day moving average price is C$0.26. The company has a current ratio of 2.42, a quick ratio of 1.07 and a debt-to-equity ratio of 17.15.

Insider Buying and Selling

In other D-BOX Technologies news, Director David Mclurg bought 700,000 shares of the stock in a transaction on Friday, June 27th. The stock was purchased at an average price of C$0.27 per share, with a total value of C$186,116.00. 10.74% of the stock is currently owned by company 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.