D-BOX Technologies (TSE:DBO) Shares Down 2.2% - Time to Sell?

Key Points

• D-BOX Technologies stock price fell by 2.2% to C$0.45, with increased trading volume totaling approximately 598,309 shares.
• Insider buying has been reported, with Director Lori Mary Anne Tersigni purchasing 400,000 shares at C$0.24 each, contributing to a total of 1,350,000 shares bought by insiders in the last ninety days.
• The company has a market cap of C$100.04 million and a P/E ratio of 16.07, indicating relatively stable business fundamentals.

D-BOX Technologies Inc. (TSE:DBO - Get Free Report)'s stock price was down 2.2% during trading on Thursday . The company traded as low as C$0.44 and last traded at C$0.45. Approximately 598,309 shares traded hands during trading, an increase of 30% from the average daily volume of 460,540 shares. The stock had previously closed at C$0.46.

D-BOX Technologies Stock Down 2.2%

The business's fifty day moving average price is C$0.37 and its 200 day moving average price is C$0.26. The company has a market capitalization of C$97.82 million, a P/E ratio of 15.71 and a beta of 1.76. 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 Activity

In other news, Director David Mclurg bought 700,000 shares of the company's stock in a transaction that occurred on Friday, June 27th. The stock was acquired at an average price of C$0.27 per share, for a total transaction of C$186,116.00. 10.74% of the stock is owned by company insiders.

About D-BOX Technologies

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.