Shares of Destiny Media Technologies Inc (CVE:DSY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.00 and last traded at C$1.21, with a volume of 12022 shares. The stock had previously closed at C$1.05.
The firm has a fifty day moving average price of C$0.28 and a 200-day moving average price of C$0.32. The company has a quick ratio of 5.95, a current ratio of 6.17 and a debt-to-equity ratio of 0.09. The firm has a market cap of $13.75 million and a price-to-earnings ratio of 105.00.
About Destiny Media Technologies (CVE:DSY)
Destiny Media Technologies Inc, through its subsidiary, Destiny Software Productions Inc, develops and markets software as a service solutions for the distribution and promotion of digital media files over the Internet in the United States, Canada, Europe, Asia, South America, Africa, and Australia. It primarily develops technologies, which allow the distribution of digital media files either in a streaming or digital download format.
Further Reading: The limitations of an equal weight rating
Receive News & Ratings for Destiny Media Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destiny Media Technologies and related companies with MarketBeat.com's FREE daily email newsletter.