DMC Global Inc (NASDAQ: BOOM) is -64.40% lower on its value in year-to-date trading and has touched a low of $6.65 and a high of $19.73 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 $6.69 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $6.82, the stock is -9.94% and -23.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.94% at the moment leaves the stock -46.79% off its SMA200. BOOM registered -64.74% loss for a year compared to 6-month loss of -53.86%. The firm has a 50-day simple moving average (SMA 50) of $8.9892 and a 200-day simple moving average (SMA200) of $12.8711.
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The stock witnessed a -9.46% gain in the last 1 month and extending the period to 3 months gives it a -44.58%, and is -8.47% down 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 5.29% over the week and 4.91% over the month.
DMC Global Inc (BOOM) has around 1800 employees, a market worth around $134.18M and $664.51M in sales. Fwd P/E is 43.70. Profit margin for the company is -23.75%. Distance from 52-week low is 2.56% and -65.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-43.04%).
with sales reaching $140.5M over the same period.The EPS is expected to shrink by -115.47% this year, but quarterly earnings will post -12.27% year-over-year. Quarterly sales are estimated to shrink -19.27% in year-over-year returns.
DMC Global Inc (BOOM) Top Institutional Holders
169.0 institutions hold shares in DMC Global Inc (BOOM), with institutional investors hold 88.73% of the company’s shares. The shares outstanding are 20.04M, and float is at 17.18M with Short Float at 3.66%. Institutions hold 82.35% 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
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