Destiny Media Technologies (CVE:DSY) Stock Passes Above 50-Day Moving Average of $0.29

Destiny Media Technologies Inc (CVE:DSY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.29 and traded as high as $0.27. Destiny Media Technologies shares last traded at $0.27, with a volume of 1,500 shares traded.

The company has a debt-to-equity ratio of 0.09, a quick ratio of 5.95 and a current ratio of 6.17. The stock has a market capitalization of $14.30 million and a price-to-earnings ratio of 26.50. The business has a 50 day moving average price of C$0.29.

About Destiny Media Technologies (CVE:DSY)

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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