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.
COPYRIGHT VIOLATION NOTICE: This article was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another publication, it was stolen and reposted in violation of US and international copyright law. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/11/07/dirtt-environmental-solutions-drt-hits-new-1-year-high-at-7-29.html.
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.
Read More: The benefits and drawbacks of dollar cost averaging
Receive News & Ratings for Dirtt Environmental Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dirtt Environmental Solutions and related companies with MarketBeat.com's FREE daily email newsletter.