Destiny Media Technologies (CVE:DSY) Hits New 1-Year Low at $0.50

Destiny Media Technologies Inc. (CVE:DSY) shares hit 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 trading hands. The stock had previously closed at C$1.58.

Destiny Media Technologies Trading Down 68.4 %

The firm has a market cap of C$4.84 million, a P/E ratio of 50.00 and a beta of 1.03. The company’s 50 day moving average is C$1.28 and its two-hundred day moving average is C$1.35. The company has a debt-to-equity ratio of 4.91, a current ratio of 5.57 and a quick ratio of 5.78.

Destiny Media Technologies (CVE:DSY) last announced its quarterly earnings data on Monday, April 15th. The company reported C($0.01) EPS for the quarter. Destiny Media Technologies had a return on equity of 5.96% and a net margin of 4.64%. The firm had revenue of C$1.33 million during the quarter. On average, sell-side analysts predict that Destiny Media Technologies Inc. will post 0.01 earnings per share for the current 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.