News coverage about Determine (NASDAQ:DTRM) has trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Determine earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.4817615047176 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Determine from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Maxim Group downgraded Determine from a “buy” rating to a “hold” rating in a report on Friday, November 10th. ValuEngine downgraded Determine from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st. Finally, B. Riley began coverage on Determine in a report on Monday, October 16th. They set a “buy” rating and a $3.50 price objective on the stock. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $3.83.
Determine (NASDAQ:DTRM) opened at $1.99 on Friday. Determine has a fifty-two week low of $1.55 and a fifty-two week high of $3.93. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.84.
Determine (NASDAQ:DTRM) last announced its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.10). Determine had a negative return on equity of 88.32% and a negative net margin of 30.72%. The business had revenue of $6.89 million for the quarter, compared to the consensus estimate of $6.77 million. During the same period last year, the business posted ($0.28) EPS. The business’s revenue was up 4.6% compared to the same quarter last year. equities analysts predict that Determine will post -0.55 earnings per share for the current year.
In other news, major shareholder Lloyd I. Miller III sold 62,000 shares of the firm’s stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $1.73, for a total value of $107,260.00. Following the completion of the sale, the insider now owns 250,820 shares of the company’s stock, valued at approximately $433,918.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Lloyd I. Miller III sold 25,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $1.73, for a total value of $43,250.00. Following the completion of the sale, the insider now directly owns 250,820 shares of the company’s stock, valued at approximately $433,918.60. The disclosure for this sale can be found here. Insiders sold a total of 145,000 shares of company stock worth $248,610 over the last quarter. Company insiders own 9.96% of the company’s stock.
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Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
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