Pacific Ridge Capital Partners LLC Acquires 50,211 Shares of DMC Global Inc. (NASDAQ:BOOM)

Pacific Ridge Capital Partners LLC increased its stake in DMC Global Inc. (NASDAQ:BOOM - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 563,443 shares of the industrial products company's stock after purchasing an additional 50,211 shares during the quarter. Pacific Ridge Capital Partners LLC owned approximately 2.81% of DMC Global worth $4,141,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its holdings in shares of DMC Global by 146.1% during the third quarter. FMR LLC now owns 2,247 shares of the industrial products company's stock worth $29,000 after buying an additional 1,334 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of DMC Global during the 4th quarter worth about $50,000. AlphaQuest LLC raised its position in shares of DMC Global by 27.9% during the fourth quarter. AlphaQuest LLC now owns 8,594 shares of the industrial products company's stock valued at $63,000 after buying an additional 1,876 shares during the last quarter. Quest Partners LLC lifted its stake in shares of DMC Global by 25.7% in the third quarter. Quest Partners LLC now owns 6,718 shares of the industrial products company's stock valued at $87,000 after buying an additional 1,373 shares during the period. Finally, FNY Investment Advisers LLC lifted its stake in shares of DMC Global by 82.4% in the fourth quarter. FNY Investment Advisers LLC now owns 15,500 shares of the industrial products company's stock valued at $113,000 after buying an additional 7,000 shares during the period. 77.63% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Stifel Nicolaus boosted their price target on DMC Global from $8.00 to $9.50 and gave the company a "hold" rating in a research note on Wednesday, February 26th. StockNews.com upgraded DMC Global from a "sell" rating to a "hold" rating in a research report on Wednesday, February 26th.

DMC Global Price Performance

Shares of NASDAQ:BOOM traded up $0.27 during midday trading on Monday, reaching $8.66. 54,610 shares of the company's stock were exchanged, compared to its average volume of 242,696. The firm has a market capitalization of $175.38 million, a PE ratio of -1.09 and a beta of 1.59. The company's 50 day simple moving average is $8.30 and its two-hundred day simple moving average is $9.09. DMC Global Inc. has a 12 month low of $6.65 and a 12 month high of $19.72. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.09 and a current ratio of 2.37.

DMC Global (NASDAQ:BOOM - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The industrial products company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of ($0.29) by $0.38. DMC Global had a positive return on equity of 1.45% and a negative net margin of 14.23%. The company had revenue of $152.37 million for the quarter, compared to the consensus estimate of $140.50 million. Equities research analysts expect that DMC Global Inc. will post -0.23 earnings per share for the current fiscal year.

DMC Global Company Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.