Diebold Nixdorf Inc (NYSE:DBD) traded down 6.5% during mid-day trading on Thursday . The stock traded as low as $2.82 and last traded at $2.86. 1,779,593 shares were traded during mid-day trading, a decline of 5% from the average session volume of 1,865,718 shares. The stock had previously closed at $3.06.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research note on Monday, November 5th. ValuEngine lowered shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a research note on Saturday, September 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $12.50.

The stock has a market capitalization of $232.94 million, a price-to-earnings ratio of 2.53 and a beta of 1.60. The company has a debt-to-equity ratio of 102.95, a quick ratio of 1.01 and a current ratio of 1.55.

Diebold Nixdorf (NYSE:DBD) last released its earnings results on Wednesday, October 31st. The technology company reported ($0.61) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.49). The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Diebold Nixdorf had a negative return on equity of 13.35% and a negative net margin of 11.68%. The firm’s revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS. As a group, equities research analysts anticipate that Diebold Nixdorf Inc will post -0.94 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in DBD. Virtu Financial LLC acquired a new position in Diebold Nixdorf during the 3rd quarter worth $108,000. Brave Asset Management Inc. acquired a new position in Diebold Nixdorf during the 3rd quarter worth $128,000. Commonwealth Equity Services LLC acquired a new position in Diebold Nixdorf during the 2nd quarter worth $138,000. MML Investors Services LLC acquired a new position in Diebold Nixdorf during the 3rd quarter worth $150,000. Finally, Fore Capital LLC bought a new position in shares of Diebold Nixdorf during the 3rd quarter worth about $180,000.

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About Diebold Nixdorf (NYSE:DBD)

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.

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