News coverage about Dmc Global (NASDAQ:BOOM) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dmc Global earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.8765337490278 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
BOOM has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Dmc Global from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 27th. BidaskClub raised Dmc Global from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 9th. Finally, Roth Capital set a $22.00 price target on Dmc Global and gave the company a “buy” rating in a research report on Tuesday, October 24th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $23.00.
Shares of Dmc Global (BOOM) traded down $1.10 during midday trading on Friday, reaching $21.80. The company’s stock had a trading volume of 42,940 shares, compared to its average volume of 59,867. Dmc Global has a 1-year low of $11.60 and a 1-year high of $26.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.76 and a quick ratio of 1.80.
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Sunday, December 31st were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.37%. The ex-dividend date was Thursday, December 28th. Dmc Global’s dividend payout ratio (DPR) is -6.01%.
In other Dmc Global news, insider Kevin T. Longe sold 3,642 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $21.50, for a total transaction of $78,303.00. Following the completion of the transaction, the insider now directly owns 225,089 shares of the company’s stock, valued at $4,839,413.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 5.10% of the stock is currently owned by corporate insiders.
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About Dmc Global
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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