Desktop Metal (NYSE:DM – Get Free Report) is anticipated to announce its earnings results before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $44.10 million for the quarter.
Desktop Metal Stock Performance
DM opened at $2.08 on Thursday. The stock has a market cap of $69.18 million, a PE ratio of -0.19 and a beta of 0.64. The company has a current ratio of 2.34, a quick ratio of 1.02 and a debt-to-equity ratio of 1.56. Desktop Metal has a 1 year low of $2.00 and a 1 year high of $11.80. The stock’s 50 day simple moving average is $2.43 and its 200-day simple moving average is $3.69.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Desktop Metal from a “hold” rating to a “sell” rating in a research note on Friday, February 7th.
Desktop Metal Company Profile
Desktop Metal, Inc manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing.
Featured Stories
- Five stocks we like better than Desktop Metal
- Where to Find Earnings Call Transcripts
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- The How and Why of Investing in Gold Stocks
- Is Advanced Micro Devices Stock Slide Over?
Receive News & Ratings for Desktop Metal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Desktop Metal and related companies with MarketBeat.com's FREE daily email newsletter.
