Desktop Metal Inc (NYSE: DM) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Desktop Metal Inc is listed on the NYSE as a member of the Technology sector and is a part of the Computer Hardware industry. The current market capitalization of Desktop Metal Inc is $91.69M. A total of 0.66 million shares were traded on the day, compared to an average of 284.25K shares.

In the most recent transaction, Nogueira Thomas sold 7,298 shares of DM for 4.16 per share on Aug 12 ’24. After the transaction, the CHIEF OPERATING OFFICER now owns 39,247 company shares. In a previous transaction on Aug 12 ’24, THOMAS NOGUEIRA bought 7,298 shares at 4.16 per share.

Among the insiders who sold shares, Cole Jason M disposed of 24,064 shares on Aug 05 ’24 at a per-share price of $4.23. This resulted in the CFO & TREASURER holding 69,352 shares of DM after the transaction. In another insider transaction, Jason M. Cole bought 24,064 shares at $4.23 per share on Aug 05 ’24.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, DM has a high of $11.80 and a low of $1.84.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DM’s latest balance sheet shows that the firm has $269.59M in Cash & Short Term Investments as of fiscal 2021. There were $19.98M in debt and $104.06M in liabilities at the time. Its Book Value Per Share was $2.17, while its Total Shareholder’s Equity was $1.25B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DM is Buy with a score of 3.00.

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