The stock of Desktop Metal Inc (DM) has gone up by 18.63% for the week, with a -7.98% drop in the past month and a -33.15% drop in the past quarter. The volatility ratio for the week is 14.03%, and the volatility levels for the past 30 days are 9.65% for DM. The simple moving average for the past 20 days is 8.59% for DM’s stock, with a -37.84% simple moving average for the past 200 days.
Is It Worth Investing in Desktop Metal Inc (NYSE: DM) Right Now?
The 36-month beta value for DM is also noteworthy at 0.70. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for DM is 19.11M, and at present, short sellers hold a 14.90% of that float. The average trading volume of DM on March 21, 2025 was 296.53K shares.
DM) stock’s latest price update
Desktop Metal Inc (NYSE: DM)’s stock price has gone decline by -11.36 in comparison to its previous close of 2.73, however, the company has experienced a 18.63% increase in its stock price over the last five trading days. accessnewswire.com reported 2025-02-27 that TORONTO, ON / ACCESS Newswire / February 27, 2025 / Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to provide an update on its strategic direction with its commitment to focusing on healthcare and AI businesses. As part of its growth initiatives, Datametrex plans to bolster its healthcare sector by expanding its clinic operations to meet a broader range of healthcare needs, including family medicine, walk-in examinations, and care by a specialist.
Analysts’ Opinion of DM
Many brokerage firms have already submitted their reports for DM stocks, with Morgan Stanley repeating the rating for DM by listing it as a “Equal-Weight.” The predicted price for DM in the upcoming period, according to Morgan Stanley is $1.75 based on the research report published on January 06, 2023 of the previous year 2023.
Credit Suisse gave a rating of “Neutral” to DM, setting the target price at $2.80 in the report published on August 17th of the previous year.
DM Trading at 2.34% from the 50-Day Moving Average
After a stumble in the market that brought DM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.49% of loss for the given period.
Volatility was left at 9.65%, however, over the last 30 days, the volatility rate increased by 14.03%, as shares sank -1.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.33% lower at present.
During the last 5 trading sessions, DM rose by +18.63%, which changed the moving average for the period of 200-days by -57.07% in comparison to the 20-day moving average, which settled at $2.23. In addition, Desktop Metal Inc saw 3.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DM starting from Nogueira Thomas, who sale 7,298 shares at the price of $4.16 back on Aug 12 ’24. After this action, Nogueira Thomas now owns 39,247 shares of Desktop Metal Inc, valued at $30,360 using the latest closing price.
THOMAS NOGUEIRA, the Officer of Desktop Metal Inc, proposed sale 7,298 shares at $4.16 during a trade that took place back on Aug 12 ’24, which means that THOMAS NOGUEIRA is holding shares at $30,367 based on the most recent closing price.
Stock Fundamentals for DM
Current profitability levels for the company are sitting at:
- -1.27 for the present operating margin
- -0.12 for the gross margin
The net margin for Desktop Metal Inc stands at -2.17. The total capital return value is set at -1.01. Equity return is now at value -152.96, with -79.64 for asset returns.
Based on Desktop Metal Inc (DM), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at -0.55. The debt to equity ratio resting at 1.93. The interest coverage ratio of the stock is -28.5.
Currently, EBITDA for the company is -268.66 million with net debt to EBITDA at -0.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.13. The receivables turnover for the company is 7.38for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.
Conclusion
In summary, Desktop Metal Inc (DM) has had a mixed performance as of late. Analysts have mixed 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.
