D-BOX Technologies (TSE:DBO) Reaches New 52-Week High - Time to Buy?

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.

D-BOX Technologies Inc. (TSE:DBO - Get Free Report)'s stock price 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 traded. The stock had previously closed at C$0.43.

D-BOX Technologies Price Performance

The company has a quick ratio of 1.07, a current ratio of 2.42 and a debt-to-equity ratio of 17.15. The stock has a fifty day moving average of C$0.37 and a 200-day moving average of C$0.26. The stock has a market capitalization of C$97.82 million, a price-to-earnings ratio of 15.71 and a beta of 1.76.

Insider Buying and Selling at D-BOX Technologies

In related news, Director David Mclurg bought 700,000 shares of the business's stock in a transaction on Friday, June 27th. The shares were bought at an average cost of C$0.27 per share, for a total transaction of C$186,116.00. Insiders own 10.74% of the company's stock.

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.