Desktop Metal (NYSE:DM - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Friday, March 21st. Analysts expect Desktop Metal to post earnings of ($0.28) per share and revenue of $44.10 million for the quarter.
Desktop Metal Stock Down 8.7 %
NYSE DM traded down $0.21 on Friday, reaching $2.21. The company had a trading volume of 256,895 shares, compared to its average volume of 376,012. The company has a quick ratio of 1.02, a current ratio of 2.34 and a debt-to-equity ratio of 1.56. The company's fifty day moving average is $2.34 and its 200 day moving average is $3.53. Desktop Metal has a 52-week low of $1.84 and a 52-week high of $11.80. The stock has a market capitalization of $73.68 million, a P/E ratio of -0.20 and a beta of 0.70.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Desktop Metal from a "hold" rating to a "sell" rating in a report on Friday, February 7th.
Read Our Latest Stock Analysis on Desktop Metal
About Desktop Metal
(
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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.
Further Reading
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