Desktop Metal (NYSE:DM – Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $44.10 million for the quarter.
Desktop Metal Price Performance
Shares of DM opened at $2.76 on Wednesday. Desktop Metal has a 1 year low of $1.84 and a 1 year high of $11.80. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.34 and a quick ratio of 1.02. The company has a market capitalization of $91.85 million, a price-to-earnings ratio of -0.25 and a beta of 0.70. The business has a 50-day moving average of $2.36 and a 200-day moving average of $3.55.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Desktop Metal from a “hold” rating to a “sell” rating in a research report on Friday, February 7th.
About Desktop Metal
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.
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