DATA Communications Management (TSE:DCM) Shares Up 14.8% - Time to Buy?

DATA Communications Management Corp. (TSE:DCM - Get Free Report) shares shot up 14.8% during mid-day trading on Friday . The company traded as high as C$2.40 and last traded at C$2.17. 307,641 shares traded hands during mid-day trading, an increase of 987% from the average session volume of 28,293 shares. The stock had previously closed at C$1.89.

Analysts Set New Price Targets

Separately, Stifel Nicolaus raised their price objective on shares of DATA Communications Management from C$10.00 to C$11.00 in a research report on Monday, November 11th.

DATA Communications Management Price Performance

The firm has a market cap of C$124.72 million, a price-to-earnings ratio of -35.77 and a beta of 3.42. The company has a current ratio of 1.46, a quick ratio of 0.83 and a debt-to-equity ratio of 631.45. The stock's fifty day moving average price is C$2.07 and its 200-day moving average price is C$2.42.

About DATA Communications Management

DATA Communications Management Corp is a communication solutions partner that adds value for major companies across North America by creating more meaningful connections with their customers. It pairs customer insights and thought leadership with cutting-edge products, modular enabling technology and services to power its clients' go-to market strategies.