Desktop Metal (DM) to Release Earnings on Thursday

Desktop Metal (NYSE:DM - Get Free Report) will likely be issuing its quarterly earnings data 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 Up 0.7 %

Desktop Metal stock traded up $0.02 during trading hours on Friday, hitting $2.05. 95,011 shares of the stock traded hands, compared to its average volume of 255,188. The company has a current ratio of 2.34, a quick ratio of 1.02 and a debt-to-equity ratio of 1.56. The firm's 50-day moving average price is $2.42 and its two-hundred day moving average price is $3.68. Desktop Metal has a one year low of $1.96 and a one year high of $11.80. The company has a market cap of $68.18 million, a PE ratio of -0.18 and a beta of 0.64.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of 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.