Insider Buying: Destiny Media Technologies Inc (OTCMKTS:DSNY) Major Shareholder Buys $40,200.00 in Stock

Destiny Media Technologies Inc (OTCMKTS:DSNY) major shareholder Mark A. Graber bought 60,000 shares of Destiny Media Technologies stock in a transaction dated Monday, June 29th. The shares were acquired at an average cost of $0.67 per share, with a total value of $40,200.00. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of DSNY stock opened at $0.69 on Friday. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $0.68 and a 200-day simple moving average of $0.79. Destiny Media Technologies Inc has a 1-year low of $0.49 and a 1-year high of $1.28.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its earnings results on Wednesday, April 15th. The technology company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.81 million for the quarter. Destiny Media Technologies had a return on equity of 9.22% and a net margin of 7.04%.

About Destiny Media Technologies

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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