DMC Global (NASDAQ:BOOM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

DMC Global (NASDAQ:BOOMGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.32 and traded as high as $7.82. DMC Global shares last traded at $7.80, with a volume of 186,150 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of DMC Global from a “buy” rating to a “hold” rating in a report on Friday, July 18th. Zacks Research lowered shares of DMC Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of DMC Global in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, DMC Global presently has a consensus rating of “Reduce” and an average price target of $8.50.

Read Our Latest Stock Analysis on DMC Global

DMC Global Stock Up 7.4%

The company has a quick ratio of 1.34, a current ratio of 2.76 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $160.52 million, a PE ratio of -0.90 and a beta of 1.46. The business’s 50 day simple moving average is $7.17 and its 200 day simple moving average is $7.32.

DMC Global (NASDAQ:BOOMGet Free Report) last issued its earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.07. The company had revenue of $155.49 million for the quarter, compared to the consensus estimate of $151.60 million. DMC Global had a negative return on equity of 1.27% and a negative net margin of 17.54%. DMC Global has set its Q3 2025 guidance at EPS. As a group, analysts forecast that DMC Global will post -0.23 EPS for the current year.

Hedge Funds Weigh In On DMC Global

A number of large investors have recently made changes to their positions in BOOM. GAMMA Investing LLC increased its holdings in shares of DMC Global by 115.6% in the 1st quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 2,864 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of DMC Global by 236.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,865 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 4,823 shares during the period. Jump Financial LLC acquired a new position in shares of DMC Global in the 2nd quarter valued at about $86,000. BNP Paribas Financial Markets increased its holdings in shares of DMC Global by 908.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 11,552 shares of the industrial products company’s stock valued at $93,000 after purchasing an additional 10,406 shares during the period. Finally, MetLife Investment Management LLC acquired a new position in shares of DMC Global in the 1st quarter valued at about $100,000. Institutional investors and hedge funds own 77.63% of the company’s stock.

DMC Global Company Profile

(Get Free Report)

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.

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