Maxim Group Analysts Give Dolphin Entertainment (DLPN) a $6.00 Price Target
Other research analysts also recently issued research reports about the company. Zacks Investment Research upgraded Dolphin Entertainment from a sell rating to a hold rating in a research note on Thursday, August 23rd. ValuEngine downgraded Dolphin Entertainment from a buy rating to a hold rating in a research note on Thursday, August 2nd.
Shares of NASDAQ:DLPN opened at $2.10 on Thursday. The firm has a market capitalization of $28.74 million, a price-to-earnings ratio of -10.50 and a beta of 8.55. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. Dolphin Entertainment has a 1 year low of $2.04 and a 1 year high of $9.25.
An institutional investor recently bought a new position in Dolphin Entertainment stock. Millennium Management LLC purchased a new position in shares of Dolphin Entertainment Inc (NASDAQ:DLPN) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 71,460 shares of the company’s stock, valued at approximately $244,000. Millennium Management LLC owned 0.64% of Dolphin Entertainment as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.67% of the company’s stock.
Dolphin Entertainment Company Profile
Dolphin Entertainment, Inc produces and distributes online digital content in the United States. The company operates as a content producer of motion pictures, as well as produces Web series and feature films. In addition, it operates an entertainment public relations agency, which offers talent, marketing, and strategic communications services, as well as brand and digital marketing services.
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