Dmc Global Inc (NASDAQ:BOOM) Director Yvon Pierre Cariou sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 21st. The shares were sold at an average price of $27.10, for a total value of $542,000.00. Following the transaction, the director now directly owns 173,852 shares of the company’s stock, valued at $4,711,389.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Dmc Global Inc (BOOM) traded up $0.15 during mid-day trading on Friday, reaching $26.60. The company’s stock had a trading volume of 42,439 shares, compared to its average volume of 74,927. Dmc Global Inc has a fifty-two week low of $11.60 and a fifty-two week high of $28.95. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.41 and a current ratio of 2.19. The stock has a market capitalization of $410.64, a P/E ratio of -19.81, a PEG ratio of 1.09 and a beta of 0.74.

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Dmc Global (NASDAQ:BOOM) last issued its quarterly earnings data on Thursday, March 8th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. Dmc Global had a positive return on equity of 1.95% and a negative net margin of 9.78%. The business had revenue of $54.50 million for the quarter, compared to the consensus estimate of $54.87 million. During the same period in the prior year, the business posted ($0.15) earnings per share. The company’s quarterly revenue was up 35.7% compared to the same quarter last year. equities research analysts expect that Dmc Global Inc will post 1.26 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Saturday, March 31st will be given a dividend of $0.02 per share. The ex-dividend date is Wednesday, March 28th. This represents a $0.08 dividend on an annualized basis and a yield of 0.30%. Dmc Global’s dividend payout ratio (DPR) is presently -6.11%.

Hedge funds have recently modified their holdings of the business. Nationwide Fund Advisors raised its position in Dmc Global by 22.7% during the third quarter. Nationwide Fund Advisors now owns 106,789 shares of the industrial products company’s stock valued at $1,805,000 after purchasing an additional 19,721 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Dmc Global by 5.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 768,522 shares of the industrial products company’s stock valued at $12,989,000 after purchasing an additional 42,439 shares in the last quarter. New York State Common Retirement Fund increased its stake in shares of Dmc Global by 2.4% in the 3rd quarter. New York State Common Retirement Fund now owns 392,457 shares of the industrial products company’s stock valued at $6,633,000 after purchasing an additional 9,127 shares in the last quarter. Royce & Associates LP increased its stake in shares of Dmc Global by 9.0% in the 3rd quarter. Royce & Associates LP now owns 628,419 shares of the industrial products company’s stock valued at $10,620,000 after purchasing an additional 52,000 shares in the last quarter. Finally, Hunter Associates Investment Management LLC increased its stake in shares of Dmc Global by 1.1% in the 4th quarter. Hunter Associates Investment Management LLC now owns 343,184 shares of the industrial products company’s stock valued at $8,597,000 after purchasing an additional 3,650 shares in the last quarter. Institutional investors and hedge funds own 85.52% of the company’s stock.

A number of brokerages recently commented on BOOM. Zacks Investment Research raised Dmc Global from a “hold” rating to a “strong-buy” rating and set a $24.00 price target for the company in a research note on Thursday, February 8th. BidaskClub downgraded Dmc Global from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $25.50.

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Dmc Global Company Profile

DMC Global Inc, formerly Dynamic Materials Corporation, is a diversified technology company. The Company operates a family of technical product and process businesses serving the energy, industrial and infrastructure markets. The Company’s businesses operate through an international network of manufacturing, distribution and sales facilities.

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