DMC Global Inc (NASDAQ: BOOM) is -34.27% lower on its value in year-to-date trading and has touched a low of $11.12 and a high of $27.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BOOM stock was last observed hovering at around $12.05 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $12.37, the stock is 4.94% and -6.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 2.66% at the moment leaves the stock -21.05% off its SMA200. BOOM registered -48.16% loss for a year compared to 6-month loss of -25.35%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -3.89% gain in the last 1 month and extending the period to 3 months gives it a -4.77%, and is 3.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.37% over the week and 3.78% over the month.
DMC Global Inc (BOOM) has around 1800 employees, a market worth around $247.89M and $684.23M in sales. Current P/E ratio is 19.17 and Fwd P/E is 8.88. Profit margin for the company is 1.85%. Distance from 52-week low is 11.24% and -54.46% from its 52-week high. The company has generated returns on investments over the last 12 months (2.36%).
with sales reaching $163.23M over the same period.The EPS is expected to shrink by -56.91% this year, but quarterly earnings will post -7.70% year-over-year.
DMC Global Inc (BOOM) Top Institutional Holders
165.0 institutions hold shares in DMC Global Inc (BOOM), with institutional investors hold 86.27% of the company’s shares. The shares outstanding are 19.78M, and float is at 16.87M with Short Float at 2.40%. Institutions hold 81.16% of the Float.
The top institutional shareholder in the company is STEEL PARTNERS HOLDINGS L.P. with over 1.97 million shares valued at $28.45 million. The investor’s holdings represent 10.0611% of the BOOM Shares outstanding. As of 2024-06-30, the second largest holder is COOKE & BIELER LP with 1.75 million shares valued at $$25.26 million to account for 8.9312 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.53 million shares representing 7.7959% and valued at over $22.05 million, while BLACKROCK INC. holds 7.3537 of the shares totaling 1.44 million with a market value of $20.8 million.
DMC Global Inc (BOOM) Insider Activity
The most recent transaction is an insider purchase by OLEARY JAMES,the company’sDirector. SEC filings show that OLEARY JAMES bought 5,000 shares of the company’s common stock on Dec 06 ’23 at a price of $16.39 per share for a total of $81950.0. Following the purchase, the insider now owns 8676.0 shares.
