Destiny Media Technologies (CVE:DSY) Hits New 12-Month Low at $0.50

Destiny Media Technologies Inc. (CVE:DSY) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.50 and last traded at C$0.50, with a volume of 800 shares changing hands. The stock had previously closed at C$1.58.

Destiny Media Technologies Stock Down 68.4 %

The company has a current ratio of 5.57, a quick ratio of 5.78 and a debt-to-equity ratio of 4.91. The firm has a market cap of C$4.84 million, a PE ratio of 158.00 and a beta of 1.03. The business’s 50-day simple moving average is C$1.34 and its 200 day simple moving average is C$1.36.

Destiny Media Technologies (CVE:DSY) last posted its earnings results on Monday, April 15th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$1.33 million for the quarter. Destiny Media Technologies had a net margin of 4.64% and a return on equity of 5.96%. As a group, equities research analysts expect that Destiny Media Technologies Inc. will post 0.01 earnings per share for the current year.

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.