Destiny Media Technologies (OTCMKTS:DSNY) Stock Crosses Below 200-Day Moving Average of $0.95

Shares of Destiny Media Technologies Inc. (OTCMKTS:DSNY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.95 and traded as low as $0.77. Destiny Media Technologies shares last traded at $0.77, with a volume of 4,000 shares trading hands.

Destiny Media Technologies Stock Up 3.1 %

The stock’s 50 day moving average is $0.87 and its two-hundred day moving average is $0.95. The company has a market capitalization of $7.53 million, a PE ratio of 76.72 and a beta of 0.96.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its quarterly earnings results on Monday, July 15th. The technology company reported $0.01 earnings per share for the quarter. Destiny Media Technologies had a net margin of 5.20% and a return on equity of 6.62%. The firm had revenue of $1.16 million during the quarter.

Destiny Media Technologies Company Profile

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.