DIRTT Environmental Solutions Ltd. (NASDAQ:DRTT- Get a rating) received a consensus recommendation of “Hold” from the six rating agencies that cover the company, reports MarketBeat Ratings. Five investment analysts rated the stock with a hold recommendation and one gave the company a buy recommendation. The 12-month average price target among brokerages that have covered the stock over the past year is $3.76.
Several equity analysts have looked at the DRTT share. Zacks Investment Research upgraded DIRTT Environmental Solutions from a “sell” to a “hold” rating in a Tuesday, February 15 research report. Raymond James lowered his price target on DIRTT Environmental Solutions from $4.75 to $3.50 and set an “outperform” rating for the company in a Monday, Nov. 8 research note. Finally, Industrial Alliance Securities upgraded DIRTT Environmental Solutions from a “sell” rating to a “hold” rating and raised its price target for the company from C$1.65 to C$2.00 in a research note Friday.
A number of hedge funds have recently changed their positions in the stock. Cullen Frost Bankers Inc. acquired a new stake in DIRTT Environmental Solutions in the fourth quarter valued at $33,000. National Bank of Canada FI purchased a new stake in shares of DIRTT Environmental Solutions in the fourth quarter at a value of $33,000. Virtu Financial LLC purchased a new stake in shares of DIRTT Environmental Solutions in the fourth quarter at a value of $62,000. Creative Planning raised its position in shares of DIRTT Environmental Solutions by 149.0% in the third quarter. Creative Planning now owns 24,900 shares of the company valued at $77,000 after acquiring an additional 14,900 shares in the last quarter. Finally, Two Sigma Investments LP bought a new stake in shares of DIRTT Environmental Solutions in the third quarter at a value of $81,000. 89.35% of the shares are currently held by hedge funds and other institutional investors.
NASDAQ DRTT shares traded at $0.09 in Friday trading, hitting $1.80. 529 shares of the company were traded, against an average volume of 41,003. DIRTT Environmental Solutions has a 12-month low of $1.51 and a 12-month high of $4.95. The company has a debt ratio of 0.50, a quick ratio of 2.04 and a current ratio of 2.54. The company has a fifty-day moving average price of $1.84 and a 200-day moving average price of $2.64. The company has a market capitalization of $153.63 million, a PE ratio of -3.53 and a beta of 2.68.
DIRTT Environmental Solutions Company Profile (Get a rating)
DIRTT Environmental Solutions Ltd. is dedicated to manufacturing custom interiors. It manufactures its products using three-dimensional design, configuration and manufacturing software and manufactures its pre-engineered interior building solutions in-house. The company uses its proprietary ICE software to design, manufacture and install fully customized indoor environments.
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