With 0.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 73090.0 shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $5.56 whereas the lowest price it dropped to was $5.07. The 52-week range on DMAC shows that it touched its highest point at $5.14 and its lowest point at $2.14 during that stretch. It currently has a 1-year price target of $7.00. Beta for the stock currently stands at 1.47.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DMAC was up-trending over the past week, with a rise of 29.60%, but this was up by 20.60% over a month. Three-month performance surged to 32.23% while six-month performance rose 88.09%. The stock gained 94.40% in the past year, while it has gained 83.45% so far this year. A look at the trailing 12-month EPS for DMAC yields -0.55 with Next year EPS estimates of -0.79. For the next quarter, that number is -0.17. This implies an EPS growth rate of 1.25% for this year and -33.33% for next year. EPS is expected to grow by 30.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.28%.
Float and Shares Shorts:
At present, 37.96 million DMAC shares are outstanding with a float of 24.01 million shares on hand for trading. On 2024-10-31, short shares totaled 0.18 million, which was 41.0 higher than short shares on 1727654400. In addition to Mr. Dietrich John Pauls MBA as the firm’s President, CEO & Director, Mr. Scott Kellen CPA serves as its CFO & Corporate Secretary.
Institutional Ownership:
Through their ownership of 0.31608 of DMAC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, DMAC reported revenue of $0.0 and operating income of -$6883000.0. The EBITDA in the recently reported quarter was -$6873000.0 and diluted EPS was -$0.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DMAC since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DMAC analysts setting a high price target of 8.0 and a low target of 6.0, the average target price over the next 12 months is 7.0. Based on these targets, DMAC could surge 53.55% to reach the target high and rise by 15.16% to reach the target low. Reaching the average price target will result in a growth of 34.36% from current levels.
Analysts have provided yearly estimates in a range of -$0.58246 being high and -$0.60254 being low. For DMAC, this leads to a yearly average estimate of -$0.5925. The surprise factor in the prior quarter was -$0.16. Based on analyst estimates, the high estimate for the next quarter is -$0.19 and the low estimate is -$0.21. The average estimate for the next quarter is thus -$0.2.
