DMC Global Inc (NASDAQ:BOOM) price on Friday, May 02, rose 14.42% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $7.38.
A look at the stock’s price movement, the close in the last trading session was $6.45, moving within a range at $7.05 and $7.675. Turning to its 52-week performance, $16.76 and $6.02 were the 52-week high and 52-week low respectively. Overall, BOOM moved -13.38% over the past month.
DMC Global Inc’s market cap currently stands at around $151.66 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-30.
Analysts have a consensus estimate of 152.25M for the company’s revenue for the quarter, with a low and high estimate of 150M and 154.5M respectively. The average forecast suggests down to a -11.06% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 619.95M, representing a -3.56% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BOOM is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend BOOM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BOOM’s current price about 12.25% and -3.93% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.89, while 7-day volatility ratio is 5.76% and 8.27% in the 30-day chart. Further, DMC Global Inc (BOOM) has a beta value of 1.45, and an average true range (ATR) of 0.52. Analysts have given the company’s stock an average 52-week price target of $17, forecast between a low of $17 and high of $17. Looking at the price targets, the low is -130.35% off current price level while to achieve the yearly target high, price needs to move -130.35%. Nonetheless, investors will most likely welcome a -130.35% jump to $17 which is the analysts’ median price.
If we refocus on DMC Global Inc (NASDAQ:BOOM), historical trading data shows that trading volumes averaged 0.26 over the past 10 days and 216.55K over the past 3 months. The company’s latest data on shares outstanding shows there are 20.26 million shares.
The 17.43% of DMC Global Inc’s shares are in the hands of company insiders while institutional holders own 68.44% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.74 million on 2025-04-15, giving us a short ratio of 3.65. The data shows that as of 2025-04-15 short interest in DMC Global Inc (BOOM) stood at 371.00002 of shares outstanding, with shares short rising to 0.73 million registered in 2025-03-14. Current price change has pushed the stock 0.41% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BOOM stock continues to rise going into the next quarter.
