Dirtt Environmental Solutions Ltd (TSE:DRT)’s share price fell 0.7% on Thursday after Beacon Securities downgraded the stock from a buy rating to a hold rating. The stock traded as low as C$5.32 and last traded at C$5.49. 822,477 shares traded hands during trading, a decline of 43% from the average session volume of 1,450,422 shares. The stock had previously closed at C$5.53.
Several other equities analysts have also recently weighed in on the company. Laurentian lowered their target price on Dirtt Environmental Solutions from C$8.75 to C$7.50 in a research note on Wednesday. Raymond James Financial lowered Dirtt Environmental Solutions from a “strong-buy” rating to an “outperform” rating and reduced their price target for the company from C$10.00 to C$8.00 in a report on Wednesday.
The stock has a market cap of $453.90, a price-to-earnings ratio of 108.00 and a beta of 1.16.
Dirtt Environmental Solutions Company Profile
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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