Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Dynamic Materials Corp. (BOOM) Stock Price
News coverage about Dynamic Materials Corp. (NASDAQ:BOOM) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dynamic Materials Corp. earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.6429273038595 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research analysts recently commented on BOOM shares. ValuEngine upgraded shares of Dynamic Materials Corp. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research lowered shares of Dynamic Materials Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st.
Dynamic Materials Corp. (BOOM) opened at 12.95 on Friday. The firm’s 50 day moving average is $13.35 and its 200-day moving average is $13.55. Dynamic Materials Corp. has a 12 month low of $9.80 and a 12 month high of $17.19. The firm’s market cap is $191.27 million.
Dynamic Materials Corp. (NASDAQ:BOOM) last announced its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. The business had revenue of $47.20 million for the quarter, compared to analyst estimates of $44.20 million. Dynamic Materials Corp. had a negative net margin of 5.01% and a negative return on equity of 6.38%. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.05) earnings per share.
In other news, insider Ian Grieves sold 4,743 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $13.92, for a total value of $66,022.56. Following the sale, the insider now owns 15,874 shares of the company’s stock, valued at $220,966.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 5.10% of the company’s stock.
About Dynamic Materials Corp.
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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