Desktop Metal (NYSE:DM - Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, March 13th. Analysts expect Desktop Metal to post earnings of ($0.28) per share and revenue of $44.10 million for the quarter.
Desktop Metal Stock Up 21.4 %
NYSE:DM traded up $0.44 during midday trading on Friday, reaching $2.48. 651,038 shares of the stock traded hands, compared to its average volume of 377,144. Desktop Metal has a 12-month low of $1.84 and a 12-month high of $11.80. The business has a 50-day moving average of $2.38 and a two-hundred day moving average of $3.60. 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 $82.55 million, a PE ratio of -0.22 and a beta of 0.70.
Analyst Ratings Changes
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 Research 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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