D-BOX Technologies (TSE:DBO) Shares Down 5.5% - Here's Why

Key Points

• Shares fell 5.5% to C$0.86 on Tuesday, with trading volume of 988,655 shares—about 66% above the average session volume.
• D-BOX has a market cap of C$191.7M and a P/E of 12.11; in the most recent quarter it reported C$0.04 EPS on C$13.79M revenue, with a 31.15% net margin and 71.47% return on equity.
• Insiders have been selling: Director Daniel Marks sold 1,000,000 shares at C$0.75 on Feb. 26, and insiders have sold 2,570,500 shares over the last 90 days while owning 10.74% of the company.

D-BOX Technologies Inc. (TSE:DBO - Get Free Report) shares fell 5.5% during mid-day trading on Tuesday . The stock traded as low as C$0.86 and last traded at C$0.86. 988,655 shares traded hands during trading, an increase of 66% from the average session volume of 597,036 shares. The stock had previously closed at C$0.91.

D-BOX Technologies Price Performance

The stock has a market cap of C$191.73 million, a P/E ratio of 12.11 and a beta of 1.67. The company has a current ratio of 2.93, a quick ratio of 1.07 and a debt-to-equity ratio of 23.17. The company's fifty day simple moving average is C$0.77 and its 200-day simple moving average is C$0.75.

D-BOX Technologies (TSE:DBO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$13.79 million for the quarter. D-BOX Technologies had a net margin of 31.15% and a return on equity of 71.47%. As a group, sell-side analysts forecast that D-BOX Technologies Inc. will post 0.0096552 EPS for the current year.

Insider Transactions at D-BOX Technologies

In other D-BOX Technologies news, Director Daniel Marks sold 1,000,000 shares of the business's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of C$0.75, for a total value of C$750,000.00. Following the sale, the director owned 4,000,000 shares of the company's stock, valued at C$3,000,000. The trade was a 20.00% decrease in their position. Over the last 90 days, insiders have sold 2,570,500 shares of company stock valued at $1,890,760. 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. Whether it be movies, video games, virtual reality applications, themed entertainment or professional simulators, D-BOX's mission is to make the world live and vibrate like never before.

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