The 36-month beta value for DMRC is also noteworthy at 1.68. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for DMRC is 15.02M, and at present, short sellers hold a 13.97% of that float. The average trading volume of DMRC on November 20, 2024 was 96.07K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
DMRC) stock’s latest price update
Digimarc Corporation (NASDAQ: DMRC)’s stock price has soared by 11.97 in relation to previous closing price of 28.91. Nevertheless, the company has seen a loss of -0.31% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-17 that Digimarc Corporation (NASDAQ:DMRC ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants George Karamanos – Chief Legal Officer Riley McCormack – CEO Charles Beck – CFO Conference Call Participants Joshua Reilly – Needham Jeffrey Van Rhee – Craig-Hallum Robin Knipp – Janney Montgomery Scott Jeff Bernstein – Silverberg Bernstein Matthew Collard – PCB Advisory Operator Greetings, and welcome to the Digimarc Corporation Third Quarter 2024 Earnings Conference Call. At this time, all participants will be in listen-only mode.
DMRC’s Market Performance
DMRC’s stock has fallen by -0.31% in the past week, with a monthly rise of 0.90% and a quarterly rise of 17.62%. The volatility ratio for the week is 9.59% while the volatility levels for the last 30 days are 5.77% for Digimarc Corporation The simple moving average for the past 20 days is 2.29% for DMRC’s stock, with a 11.09% simple moving average for the past 200 days.
Analysts’ Opinion of DMRC
Many brokerage firms have already submitted their reports for DMRC stocks, with Needham repeating the rating for DMRC by listing it as a “Buy.” The predicted price for DMRC in the upcoming period, according to Needham is $40 based on the research report published on June 24, 2024 of the current year 2024.
DMRC Trading at 8.71% from the 50-Day Moving Average
After a stumble in the market that brought DMRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.47% of loss for the given period.
Volatility was left at 5.77%, however, over the last 30 days, the volatility rate increased by 9.59%, as shares surge +0.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.38% upper at present.
During the last 5 trading sessions, DMRC fell by -0.31%, which changed the moving average for the period of 200-days by -12.68% in comparison to the 20-day moving average, which settled at $31.65. In addition, Digimarc Corporation saw -10.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DMRC starting from Benton Thomas, who sale 1,057 shares at the price of $25.74 back on Jun 20 ’24. After this action, Benton Thomas now owns 6,422 shares of Digimarc Corporation, valued at $27,211 using the latest closing price.
Syrett Alicia, the Director of Digimarc Corporation, sale 1,500 shares at $26.49 during a trade that took place back on May 21 ’24, which means that Syrett Alicia is holding 18,341 shares at $39,735 based on the most recent closing price.
Stock Fundamentals for DMRC
Current profitability levels for the company are sitting at:
- -1.1 for the present operating margin
- 0.62 for the gross margin
The net margin for Digimarc Corporation stands at -1.05. The total capital return value is set at -0.57. Equity return is now at value -58.88, with -47.09 for asset returns.
Based on Digimarc Corporation (DMRC), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -5.1. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -95.64.
Currently, EBITDA for the company is -39.83 million with net debt to EBITDA at 0.54. When we switch over and look at the enterprise to sales, we see a ratio of 17.27. The receivables turnover for the company is 5.61for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.77.
Conclusion
In summary, Digimarc Corporation (DMRC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
