D-BOX Technologies (TSE:DBO) Trading 3.7% Higher - Here's What Happened

Key Points

• Shares of D-BOX Technologies rose 3.7% to C$0.83 on Tuesday, with 451,840 shares traded—about 31% below its average session volume.
• The company has a market cap of C$185.04 million and a P/E of 11.69; last quarter it reported C$0.04 EPS, C$13.79M in revenue, a 31.15% net margin and 71.47% ROE.
• Insiders have been net sellers: Director Daniel Marks sold 1,000,000 shares at C$0.75 (cutting his stake by 20%), with 2,570,500 shares sold by insiders over the past 90 days; insiders still own 10.74% of the stock.

Shares of D-BOX Technologies Inc. (TSE:DBO - Get Free Report) traded up 3.7% on Tuesday . The company traded as high as C$0.83 and last traded at C$0.83. 451,840 shares traded hands during trading, a decline of 31% from the average session volume of 656,698 shares. The stock had previously closed at C$0.80.

D-BOX Technologies Price Performance

The company has a quick ratio of 1.07, a current ratio of 2.93 and a debt-to-equity ratio of 23.17. The company has a market cap of C$185.04 million, a price-to-earnings ratio of 11.69 and a beta of 1.56. The company has a fifty day simple moving average of C$0.76 and a two-hundred day simple moving average of C$0.71.

D-BOX Technologies (TSE:DBO - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported C$0.04 earnings per share for the quarter. D-BOX Technologies had a return on equity of 71.47% and a net margin of 31.15%.The company had revenue of C$13.79 million during the quarter. On average, equities research analysts anticipate that D-BOX Technologies Inc. will post 0.0096552 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Daniel Marks sold 1,000,000 shares of the firm's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of C$0.75, for a total transaction of C$750,000.00. Following the completion of the sale, the director directly owned 4,000,000 shares of the company's stock, valued at approximately C$3,000,000. This trade represents a 20.00% decrease in their position. Over the last ninety days, insiders have sold 2,570,500 shares of company stock worth $1,890,760. 10.74% of the stock is currently 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. 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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