D-BOX Technologies (TSE:DBO) Shares Up 11.1% - Time to Buy?

Key Points

• D-BOX Technologies shares surged by 11.1% during trading, reaching C$0.30, despite a decline in trading volume compared to the average session.
• Insider transactions revealed that two directors purchased 600,000 shares at prices ranging from C$0.24 to C$0.25, signaling confidence in the company's future.
• The company's market capitalization stands at C$66.56 million with a PE ratio of 31.81 and notable liquidity ratios.

Shares of D-BOX Technologies Inc. (TSE:DBO - ) shot up 11.1% during trading on Tuesday . The company traded as high as C$0.30 and last traded at C$0.30. 347,111 shares changed hands during trading, a decline of 14% from the average session volume of 405,652 shares. The stock had previously closed at C$0.27.

D-BOX Technologies Trading Up 11.1%

The firm has a market capitalization of C$66.56 million, a PE ratio of 31.81 and a beta of 0.99. 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's fifty day simple moving average is C$0.28 and its 200 day simple moving average is C$0.20.

Insider Transactions at D-BOX Technologies

In other news, Director Naveen Prasad acquired 200,000 shares of D-BOX Technologies stock in a transaction dated Friday, June 20th. The stock was purchased at an average cost of C$0.25 per share, with a total value of C$50,980.00. Also, Director Lori Mary Anne Tersigni acquired 400,000 shares of D-BOX Technologies stock in a transaction dated Friday, June 20th. The stock was purchased at an average cost of C$0.24 per share, with a total value of C$96,000.00. Insiders bought a total of 1,350,000 shares of company stock valued at $345,596 over the last three months. Corporate 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.

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