Dominion Diamond Corporation (NYSE:DDC) Receives Consensus Recommendation of "Buy" from Analysts

Postado Julho 17, 2017

Dominion Diamond Corporation (NYSE:DDC)'s stock on Friday traded at beginning with a price of $12.82 and when day-trade ended the stock finally moved up 5.64% to reach at $13.48.

Several analysts recently commented on DDC shares. The basic materials company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.04.

Dominion Diamond Corp., one of the world's largest diamond producers, is endorsing a US$1.2-billion friendly cash takeover bid from the Washington Companies, the Calgary-based miner said Monday. If you are viewing this piece on another domain, it was stolen and reposted in violation of worldwide trademark & copyright laws. Stock has got OUTPERFORM rating from 3 analyst (s) whereas last month 3 analyst (s) have given outperform rating. Stage Stores, Inc. has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -72.56% from its high of $6.56 to a $50.27 million market value through last close.

The opening price for Dominion Diamond Corporation (NYSE:DDC) was $12.82 and the volume amounted to 4.01 million shares which compares with the average volume of 0.55 million shares. The company had revenue of $211 million for the quarter. By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. The stock touched 52-week High of $13.65 on 05/11/17 and 52-week Low of $7.92 on 09/16/16. The consensus price target of $18.33 also implies significant upside from the current price of $9.30. The company has a 50-day moving average of $12.84 and a 200 day moving average of $11.22. Over the past month the firm's stock is 2.12%, 7.32% for the last quarter, 36.85% for the past six-months and 51.46% for the previous year.

By having an overview of the Income statement for Dominion Diamond Corp (NYSE:DDC) the Revenue for the trailing twelve months is 603.57 Million. Analysts forecast that Dominion Diamond Corporation will post $0.85 EPS for the current fiscal year.

The volume of the particular stock is the shares bought and sold in a single trading day. Trexquant Investment LP increased its position in shares of Dominion Diamond Corporation by 82.0% in the fourth quarter. Renaissance Technologies LLC now owns 2,848,898 shares of the basic materials company's stock worth $27,577,000 after buying an additional 522,300 shares during the period. Dominion Diamond Corporation had a positive return on equity of 1.46% and a negative net margin of 1.07%. Institutional investors own 56.41% of the company's stock.

Dominion Diamond Corporation (DDC) reported sales (ttm) of 603.6 Million, whereas, 1 number of analysts estimated the mean sale of 129.9 million. Market Capitalization if basically the market value of the company's shares outstanding. The company will continue to operate the Ekati Diamond mine, which it controls, as well as the Diavik Diamond mine, in which it has a 40% interest.