Dawson Geophysical Company [NASDAQ: DWSN] gained 111.68% or 1.53 points to close at $2.90 with a heavy trading volume of 52427921 shares.
The daily chart for DWSN points out that the company has recorded 107.41% gains over the past six months.
If we look at the average trading volume of 7.45K shares, DWSN reached to a volume of 52427921 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Dawson Geophysical Company [DWSN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DWSN shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DWSN 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.
Raymond James have made an estimate for Dawson Geophysical Company shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on May 11, 2016. The new note on the price target was released on August 24, 2015, representing the official price target for Dawson Geophysical Company stock. Previously, the target price had yet another drop from $24 to $18, while Wunderlich kept a Hold rating on DWSN stock. On August 07, 2014, analysts decreased their price target for DWSN shares from 28 to 24.
The Average True Range (ATR) for Dawson Geophysical Company is set at 0.37, with the Price to Sales ratio for DWSN stock in the period of the last 12 months amounting to 1.53. The Price to Book ratio for the last quarter was 4.91, with the Price to Cash per share for the same quarter was set at 0.09.
Trading performance analysis for DWSN stock
Dawson Geophysical Company [DWSN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 133.87. With this latest performance, DWSN shares gained by 132.00% in over the last four-week period, additionally plugging by 107.41% over the last 6 months – not to mention a rise of 45.73% in the past year of trading.
Dawson Geophysical Company [DWSN]: A deeper dive into fundamental analysis
Dawson Geophysical Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.
An analysis of Institutional ownership at Dawson Geophysical Company [DWSN]
The top three institutional holders of DWSN stocks are: GRACE & WHITE INC /NY with ownership of 0.98 million shares, which is approximately 3.1786%. RBF CAPITAL, LLC, holding 0.45 million shares of the stock with an approximate value of $$0.88 million in DWSN stocks shares; and RBF CAPITAL, LLC, currently with $$0.3 million in DWSN stock with ownership which is approximately 0.5004%.
