DiaMedica Therapeutics Inc (DMAC) saw downtrend of -1.26% in the recent trading with $3.93 being its most recent. The current price level -42.36% lower than the highest price of $6.82 marked by the stock while trading over the past 52-weeks, whereas it is 23.20% higher than the lowest price of $3.19 the company dropped to over past 52-weeks. The latest news story on DMAC appeared in (Business Wire) under the title “DiaMedica Therapeutics Reports Positive Interim Phase 2 Preeclampsia Results: Statistically Significant Reductions in Blood Pressure and No Placental Transfer” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
DiaMedica Therapeutics Inc Earnings – What Happened With DMAC
Coming around sales and income figures on DMAC Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
DiaMedica Therapeutics Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 42.86 million. DMAC does have institutional investors; and they hold 17.99% of the stock.
As on 2024-06-30, COOPERMAN LEON G was the top most holder in DiaMedica Therapeutics Inc (NASDAQ:DMAC) with an ownership of 1.4 million shares of the company or 3.6883 of the stake worth $4.13 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 2.6803 of the outstanding shares. Its stake is worth $3.0 million for having 1.02 million shares in hand.
FIRST MANHATTAN CO. LLC. also came holding a key position in the company during the recent quarter and it now holds 2.2106 of the outstanding shares. With this there are now 74.0 institutions which have possession in DMAC’s shares.
Key Metrics forDMAC
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, DiaMedica Therapeutics Inc has a debt to equity ratio of 0.01.
