Desktop Metal (NYSE:DM - Get Free Report) is expected to 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
DM opened at $2.05 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 2.34. The stock has a market capitalization of $68.38 million, a PE ratio of -0.18 and a beta of 0.70. The stock's 50 day moving average price is $2.38 and its 200-day moving average price is $3.60. Desktop Metal has a 52-week low of $1.84 and a 52-week high of $11.80.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Desktop Metal from a "hold" rating to a "sell" rating in a research note on Friday, February 7th.
Check Out Our Latest Report 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.
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