D-BOX Technologies (TSE:DBO) Stock Price Down 1.2% - Should You Sell?

Key Points

• D-BOX Technologies' stock price decreased by 1.2%, with shares trading last at C$0.41 after a drop from the previous close of C$0.42.
• The company had insider purchases, with directors acquiring a total of 1,350,000 shares worth approximately C$345,596 over the last quarter.
• D-BOX Technologies has a market cap of C$90.97 million and a relatively high price-to-earnings ratio of 43.48, indicating potential volatility in its stock valuation.

Shares of D-BOX Technologies Inc. (TSE:DBO - ) traded down 1.2% on Wednesday . The company traded as low as C$0.40 and last traded at C$0.41. 357,610 shares were traded during trading, a decline of 20% from the average session volume of 449,814 shares. The stock had previously closed at C$0.42.

D-BOX Technologies Trading Down 1.2%

The company has a debt-to-equity ratio of 17.15, a quick ratio of 1.07 and a current ratio of 2.42. The firm has a market cap of C$90.97 million, a price-to-earnings ratio of 43.48 and a beta of 0.99. The business has a fifty day simple moving average of C$0.31 and a 200-day simple moving average of C$0.23.

Insider Activity

In other news, Director Naveen Prasad acquired 200,000 shares of the stock in a transaction dated Friday, June 20th. The stock was bought at an average price of C$0.25 per share, with a total value of C$50,980.00. Also, Director David Mclurg bought 700,000 shares of the business's stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average price of C$0.27 per share, for a total transaction of C$186,116.00. Insiders bought 1,350,000 shares of company stock valued at $345,596 over the last quarter. 10.74% of the stock is 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.

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