Destiny Media Technologies Inc (OTCMKTS:DSNY) Major Shareholder Buys $40,200.00 in Stock

Destiny Media Technologies Inc (OTCMKTS:DSNY) major shareholder Mark A. Graber purchased 60,000 shares of the company’s stock in a transaction on Monday, June 29th. The stock was purchased at an average cost of $0.67 per share, for a total transaction of $40,200.00. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Destiny Media Technologies stock traded down $0.01 during trading on Tuesday, reaching $0.74. The stock had a trading volume of 15,666 shares, compared to its average volume of 12,511. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.87 and a current ratio of 3.87. The stock has a fifty day moving average price of $0.68 and a two-hundred day moving average price of $0.80. Destiny Media Technologies Inc has a 52 week low of $0.49 and a 52 week high of $1.28.

Destiny Media Technologies (OTCMKTS:DSNY) last issued its quarterly earnings results on Wednesday, April 15th. The technology company reported ($0.01) earnings per share for the quarter. Destiny Media Technologies had a return on equity of 9.22% and a net margin of 7.04%. The business had revenue of $0.81 million for the quarter.

Destiny Media Technologies Company Profile

Destiny Media Technologies Inc, through its subsidiary, Destiny Software Productions Inc, develops and markets software as a service solutions for the distribution and promotion of digital media files over the Internet in the United States, Canada, Europe, Asia, South America, Africa, and Australia. It primarily develops technologies, which allow the distribution of digital media files either in a streaming or digital download format.

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