DIRTT Environmental Solutions (NASDAQ:DRTT) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

DIRTT Environmental Solutions Ltd. (NASDAQ:DRTT) shares crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $0.59 and traded as high as $0.60. DIRTT Environmental Solutions shares last traded at $0.60, with a volume of 37,128 shares trading hands.

DIRTT Environmental Solutions Trading Up 5.3%

The firm has a market capitalization of $62.67 million, a price-to-earnings ratio of -2.40 and a beta of 1.20. The business has a 50-day moving average of $0.58 and a two-hundred day moving average of $0.59. The company has a quick ratio of 1.20, a current ratio of 1.75 and a debt-to-equity ratio of 8.24.

About DIRTT Environmental Solutions

DIRTT Environmental Solutions is a Calgary-based interior construction company that develops and manufactures prefabricated, customizable interior systems for commercial and institutional buildings. Its solutions are designed to help customers create adaptable workspaces while reducing the time and disruption associated with conventional construction.

The company’s product portfolio includes modular walls, doors, glass systems, millwork, and integrated power and data components. DIRTT also offers ICE, its proprietary design and configuration software, which allows architects, designers, contractors, and customers to visualize and configure interior environments before installation.

DIRTT has served organizations in sectors including corporate offices, health care, education, government, retail, and hospitality, primarily in the United States and Canada through a network of dealers, contractors, and installation partners.