In yesterday’s Wall Street session, DIRTT Environmental Solutions Ltd. (NASDAQ:DRTT) shares traded at $0.78, down -10.40% from the previous session.
1 analysts cover DIRTT Environmental Solutions Ltd. (NASDAQ:DRTT), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.00 and a low of $1.00, we find $1.00. Given the previous closing price of $0.87, this indicates a potential upside of 14.94 percent. DRTT stock price is now 73.29% away from the 50-day moving average and 6.79% away from the 200-day moving average. The market capitalization of the company currently stands at $75.96M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $1.00 as their price target over the next twelve months.
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In other news, Robinson Scott L, Director bought 12,800 shares of the company’s stock on Dec 15. The stock was bought for $4,992 at an average price of $0.39. Upon completion of the transaction, the Director now directly owns 262,800 shares in the company, valued at $0.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13, Chief Executive Officer Urban Benjamin Nicholas bought 166,716 shares of the business’s stock. A total of $56,683 was incurred on buying the stock at an average price of $0.34. This leaves the insider owning 612,500 shares of the company worth $0.48 million. A total of 19.44% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DRTT stock. A new stake in DIRTT Environmental Solutions Ltd. shares was purchased by MARINER, LLC during the first quarter worth $74,000. VIRTU FINANCIAL LLC invested $28,000 in shares of DRTT during the first quarter. In the first quarter, JANE STREET GROUP, LLC acquired a new stake in DIRTT Environmental Solutions Ltd. valued at approximately $28,000. CREATIVE PLANNING acquired a new stake in DRTT for approximately $20,000. TWO SIGMA SECURITIES, LLC purchased a new stake in DRTT valued at around $16,000 in the second quarter. In total, there are 43 active investors with 51.94% ownership of the company’s stock.
On Tuesday morning DIRTT Environmental Solutions Ltd. (NASDAQ: DRTT) stock kicked off with the opening price of $0.9000. During the past 12 months, DIRTT Environmental Solutions Ltd. has had a low of $0.20 and a high of $2.02. The fifty day moving average price for DRTT is $0.4502 and a two-hundred day moving average price translates $0.7304 for the stock.
The latest earnings results from DIRTT Environmental Solutions Ltd. (NASDAQ: DRTT) was released for Jun, 2022. According to the Engineering & Construction Company, earnings per share came in at -$0.22, missing analysts’ expectations of -$0.21 by -0.01. This compares to -$0.18 EPS in the same period last year. The company reported revenue of $46.75 million for the quarter, compared to $34.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 37.1 percent. For the current quarter, analysts expect DRTT to generate $46.7M in revenue.
DIRTT Environmental Solutions Ltd.(DRTT) Company Profile
DIRTT Environmental Solutions Ltd. designs, manufactures, and installs prefabricated interior solutions for use in commercial spaces across various industries and businesses in the United States, Canada, internationally. Its ICE software interior construction software provides end-to-end integration, design, order engineering, manufacturing, and installation services. The company’s interior construction solutions include prefabricated, customized interior modular walls, ceilings, and floors; decorative and functional millwork; power infrastructure; network infrastructure; and pre-installed medical gas piping systems. It offers interior construction solutions through a network of independent distribution partners. It serves commercial, healthcare, education, hospitality, and other industries, as well as medical gas piping systems for healthcare. DIRTT Environmental Solutions Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada.
