Desktop Metal (NYSE:DM – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $44.10 million for the quarter.
Desktop Metal Price Performance
DM opened at $2.05 on Friday. 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 $68.38 million, a PE ratio of -0.18 and a beta of 0.70. The stock’s 50 day moving average price is $2.38 and its 200-day moving average price is $3.60. Desktop Metal has a 52-week low of $1.84 and a 52-week high of $11.80.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Desktop Metal from a “hold” rating to a “sell” rating in a research note on Friday, February 7th.
About Desktop Metal
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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