DIRTT Environmental Solutions (TSE:DRT) Stock Passes Below Two Hundred Day Moving Average - What's Next?

Key Points

• Technical breach: Shares fell below their 200‑day moving average (C$0.89), trading as low as C$0.77 and last at C$0.80 on volume of 25,206, a bearish technical signal.
• Weak fundamentals: DIRTT reported quarterly EPS of C($0.01) with a negative net margin (-8.55%) and ROE (-43.41%), and carries a very high debt‑to‑equity ratio (219.37), signaling financial strain.
• Outlook and valuation: The company has a market cap of about C$154.7M, a negative P/E, analysts forecast a small positive EPS for the year (~C$0.025), and most revenue is generated in the U.S.

Shares of DIRTT Environmental Solutions Ltd. (TSE:DRT - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.89 and traded as low as C$0.77. DIRTT Environmental Solutions shares last traded at C$0.80, with a volume of 25,206 shares changing hands.

DIRTT Environmental Solutions Stock Up 1.3%

The company's fifty day moving average price is C$0.84 and its 200-day moving average price is C$0.89. The stock has a market capitalization of C$154.68 million, a PE ratio of -10.00, a price-to-earnings-growth ratio of 7.25 and a beta of 0.14. The company has a quick ratio of 0.87, a current ratio of 1.10 and a debt-to-equity ratio of 219.37.

DIRTT Environmental Solutions (TSE:DRT - Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported C($0.01) earnings per share (EPS) for the quarter. DIRTT Environmental Solutions had a negative net margin of 8.55% and a negative return on equity of 43.41%. The business had revenue of C$69.89 million for the quarter. Analysts forecast that DIRTT Environmental Solutions Ltd. will post 0.0254001 earnings per share for the current year.

About DIRTT Environmental Solutions

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors. DIRTT operates its activity through the U.S and Canada of which, the United States generates a majority of revenue.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.