Digimarc Corporation [NASDAQ: DMRC] closed the trading session at $12.82. The day’s price range saw the stock hit a low of $12.55, while the highest price level was $12.9.
The stocks have a year to date performance of -65.77 percent and weekly performance of -4.68 percent. The stock has been moved at -62.96 percent over the last six months. The stock has performed -2.36 percent around the most recent 30 days and changed -10.16 percent over the most recent 3-months.
If compared to the average trading volume of 209.49K shares, DMRC reached to a volume of 116893 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Digimarc Corporation [DMRC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DMRC shares is $22.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DMRC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Digimarc Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 24, 2024. The new note on the price target was released on February 27, 2020, representing the official price target for Digimarc Corporation stock.
The Average True Range (ATR) for Digimarc Corporation is set at 0.71, with the Price to Sales ratio for DMRC stock in the period of the last 12 months amounting to 7.30. The Price to Book ratio for the last quarter was 5.53, with the Price to Cash per share for the same quarter was set at 1.00.
DMRC stock trade performance evaluation
Digimarc Corporation [DMRC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.68. With this latest performance, DMRC shares dropped by -2.36% in over the last four-week period, additionally sinking by -62.96% over the last 6 months – not to mention a drop of -52.73% in the past year of trading.
Digimarc Corporation [DMRC]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Digimarc Corporation [DMRC] shares currently have an operating margin of -112.60% and a Gross Margin at 58.53%. Digimarc Corporation’s Net Margin is presently recorded at -106.75%.
Return on Equity for this stock declined to -48.61%, with Return on Assets sitting at -48.61%.
Digimarc Corporation [DMRC]: Institutional Ownership
There are presently around $64.87%, or 91.21%% of DMRC stock, in the hands of institutional investors. The top three institutional holders of DMRC stocks are: ALTAI CAPITAL MANAGEMENT, L.P. with ownership of 2.75 million shares, which is approximately 12.845%. VANGUARD GROUP INC, holding 1.22 million shares of the stock with an approximate value of $$37.78 million in DMRC stocks shares; and VANGUARD GROUP INC, currently with $$35.4 million in DMRC stock with ownership which is approximately 5.336%.
