Alert: Negative Fundamental Signals (11/20/24)-DMC Global Inc (NASDAQ: BOOM)

out_logo_500#07183.jpg

DMC Global Inc (NASDAQ: BOOM). Extremely significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#07183.jpg

Current PriceTarget Research Rating

DMC Global has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. DMC Global has a very high Appreciation Score of 85 but a very low Power Rating of 11, and the Low Neutral Value Trend Rating results.

Recent Price Action

DMC Global Inc (NASDAQ: BOOM) stock closed at $7.27 on 11/20/24 after a decline of -3.7%. NORMAL trading volume accompanied the decline. The stock has declined -16.5% during the last week and has been extremely weak relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*