Dirtt Environmental Solutions Ltd (TSE:DRT) shares dropped 6.6% during trading on Thursday . The stock traded as low as C$7.70 and last traded at C$8.15. Approximately 88,788 shares traded hands during trading, a decline of 28% from the average daily volume of 122,999 shares. The stock had previously closed at C$8.73.
DRT has been the subject of several research analyst reports. Raymond James reiterated a “strong-buy” rating and set a C$8.75 target price on shares of Dirtt Environmental Solutions in a research note on Monday, January 28th. National Bank Financial lifted their target price on Dirtt Environmental Solutions from C$7.50 to C$9.00 and gave the stock an “outperform” rating in a research note on Thursday, March 21st. Finally, Industrial Alliance Securities reduced their target price on Dirtt Environmental Solutions from C$9.50 to C$8.50 and set a “hold” rating for the company in a research note on Friday. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Dirtt Environmental Solutions presently has an average rating of “Buy” and a consensus price target of C$9.38.
The company has a quick ratio of 2.04, a current ratio of 2.47 and a debt-to-equity ratio of 4.50. The company has a market capitalization of $751.78 million and a P/E ratio of 235.71.
Dirtt Environmental Solutions (TSE:DRT) last issued its earnings results on Wednesday, March 20th. The company reported C$0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.03) by C$0.15. The business had revenue of C$98.66 million for the quarter, compared to the consensus estimate of C$86.67 million. On average, equities analysts expect that Dirtt Environmental Solutions Ltd will post 0.469999975653154 EPS for the current year.
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Dirtt Environmental Solutions Company Profile (TSE:DRT)
DIRTT Environmental Solutions Ltd. designs, manufactures, and installs customized prefabricated interiors. The company combines its proprietary 3D design, configuration, and manufacturing software with integrated in-house manufacturing of its prefabricated interior construction solutions and its distribution partner network.
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