Destiny Media Technologies (CVE:DSY) Sets New 1-Year Low – What’s Next?

Destiny Media Technologies Inc. (CVE:DSYGet Free Report) shares reached a new 52-week low on Friday . The stock traded as low as C$0.50 and last traded at C$0.50, with a volume of 4087 shares changing hands. The stock had previously closed at C$0.70.

Destiny Media Technologies Stock Down 28.6 %

The firm’s fifty day moving average price is C$0.84 and its two-hundred day moving average price is C$0.96. The stock has a market capitalization of C$3.39 million, a PE ratio of -172.69 and a beta of 0.95.

Destiny Media Technologies Company Profile

(Get Free Report)

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.

Further Reading

Receive News & Ratings for Destiny Media Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destiny Media Technologies and related companies with MarketBeat.com's FREE daily email newsletter.