Destiny Media Technologies (CVE:DSY) Share Price Passes Above Fifty Day Moving Average of $0.97

Shares of Destiny Media Technologies Inc. (CVE:DSY) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.97 and traded as high as C$1.00. Destiny Media Technologies shares last traded at C$1.00, with a volume of 100 shares traded.

Destiny Media Technologies Trading Down 15.3 %

The company has a debt-to-equity ratio of 4.91, a quick ratio of 5.78 and a current ratio of 5.29. The firm has a market cap of C$9.64 million, a price-to-earnings ratio of 33.33 and a beta of 0.96. The business has a fifty day simple moving average of C$0.97 and a 200-day simple moving average of C$1.21.

Destiny Media Technologies (CVE:DSY) last issued its quarterly earnings data on Monday, July 15th. The company reported C$0.01 earnings per share (EPS) for the quarter. Destiny Media Technologies had a net margin of 5.18% and a return on equity of 6.68%. The business had revenue of C$1.58 million during the quarter. As a group, equities analysts forecast that Destiny Media Technologies Inc. will post 0.01 earnings per share for the current fiscal year.

About Destiny Media Technologies

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.