Dirtt Environmental Solutions (DRT) Hits New 1-Year High at $7.29

Shares of Dirtt Environmental Solutions Ltd (TSE:DRT) hit a new 52-week high during trading on Wednesday . The company traded as high as C$7.29 and last traded at C$7.24, with a volume of 292867 shares changing hands. The stock had previously closed at C$7.04.

A number of analysts have recently commented on DRT shares. Industrial Alliance Securities boosted their target price on shares of Dirtt Environmental Solutions from C$7.50 to C$8.00 in a report on Thursday, August 9th. Beacon Securities upgraded shares of Dirtt Environmental Solutions from a “hold” rating to a “buy” rating in a report on Wednesday, October 31st. Laurentian upgraded shares of Dirtt Environmental Solutions from a “hold” rating to a “buy” rating and boosted their target price for the company from C$6.50 to C$8.00 in a report on Thursday, November 1st. Finally, Raymond James boosted their target price on shares of Dirtt Environmental Solutions from C$8.00 to C$8.75 and gave the company an “outperform” rating in a report on Wednesday, October 31st.

Dirtt Environmental Solutions (TSE:DRT) last announced its quarterly earnings results on Wednesday, August 8th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.04 by C($0.03). The company had revenue of C$80.67 million for the quarter, compared to the consensus estimate of C$82.29 million.

In other Dirtt Environmental Solutions news, insider Geoffrey Dean Krause purchased 9,200 shares of Dirtt Environmental Solutions stock in a transaction dated Tuesday, September 11th. The stock was purchased at an average price of C$6.35 per share, with a total value of C$58,420.00. Also, Director Wayne Boulais purchased 7,500 shares of Dirtt Environmental Solutions stock in a transaction dated Tuesday, September 25th. The shares were acquired at an average cost of C$5.03 per share, with a total value of C$37,725.00. In the last ninety days, insiders have bought 25,300 shares of company stock valued at $151,751 and have sold 673,803 shares valued at $4,372,404.

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About Dirtt Environmental Solutions (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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