Destiny Media Technologies (CVE:DSY) Stock Crosses Above Fifty Day Moving Average of $0.97

Destiny Media Technologies Inc. (CVE:DSY) passed 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 changing hands.

Destiny Media Technologies Stock Performance

The stock’s 50-day simple moving average is C$0.97 and its 200-day simple moving average is C$1.21. The stock has a market cap of C$9.64 million, a price-to-earnings ratio of 33.33 and a beta of 0.96. The company has a current ratio of 5.29, a quick ratio of 5.78 and a debt-to-equity ratio of 4.91.

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