DIRTT Environmental Solutions (TSE:DRT) Rating Increased to Moderate Buy at Cormark

DIRTT Environmental Solutions (TSE:DRT) was upgraded by equities research analysts at Cormark to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports. Cormark also issued estimates for DIRTT Environmental Solutions’ FY2024 earnings at $0.03 EPS, FY2025 earnings at $0.07 EPS and FY2026 earnings at $0.12 EPS.

DIRTT Environmental Solutions Stock Down 4.8 %

DIRTT Environmental Solutions stock traded down C$0.06 during midday trading on Tuesday, hitting C$1.20. 180,922 shares of the stock were exchanged, compared to its average volume of 94,634. DIRTT Environmental Solutions has a 1 year low of C$0.45 and a 1 year high of C$1.38. The firm has a market cap of C$231.56 million, a P/E ratio of -30.00, a P/E/G ratio of 7.25 and a beta of 1.07. The company has a debt-to-equity ratio of 246.87, a current ratio of 2.64 and a quick ratio of 0.87. The company has a 50 day moving average price of C$1.00 and a two-hundred day moving average price of C$0.83.

DIRTT Environmental Solutions (TSE:DRT) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. DIRTT Environmental Solutions had a negative net margin of 0.94% and a negative return on equity of 7.85%. On average, sell-side analysts predict that DIRTT Environmental Solutions will post 0.0254001 earnings per share for the current fiscal year.

DIRTT Environmental Solutions Company Profile

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors.