Destiny Media Technologies (CVE:DSY) Stock Crosses Below 200 Day Moving Average of $1.21

Destiny Media Technologies Inc. (CVE:DSY – Get Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.21 and traded as low as C$0.72. Destiny Media Technologies shares last traded at C$0.72, with a volume of 4,590 shares traded.

Destiny Media Technologies Trading Down 12.2 %

The stock has a market capitalization of C$7.29 million and a P/E ratio of 72.00. The company has a current ratio of 6.50, a quick ratio of 6.27 and a debt-to-equity ratio of 4.91. The company has a 50-day moving average price of C$0.87 and a 200 day moving average price of C$1.21.

About Destiny Media Technologies

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Destiny Media Technologies Inc, through its subsidiary, Destiny Software Productions 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, a two-sided B2B marketplace that enables music labels and artists to create and distribute promotional content and musical assets, as well as music broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the music; Play MPE Caster, a full-service distribution management system, including a set of operational functions that provides software tools to enable labels to manage marketing campaigns; and Play MPE Player for music curators to review and download content through web-based player or mobile player apps.

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