Earnings

DIVIDEND NEWS SPOTLIGHT: DMC Global Inc. (Nasdaq:BOOM)

June 16, 2019

DMC Global Inc.  (Nasdaq:BOOM) spotted trading -20.31% off 52-week high price. On the other end, the stock has been noted 102.02% away from the low price over the last 52-weeks. The stock changed -3.51% to recent value of $61.11. The stock transacted 460320 shares during most recent day however it has an average volume of 374.89K shares. The company has 15.11M of outstanding shares and 14.24M shares were floated in the market.

DMC Global Inc. (NASDAQ:BOOM) announced its board of directors has reported a quarterly cash dividend of $0.02 per share.  The dividend is payable on July 16, 2019, to shareholders of record as of June 30, 2019.

About DMC

Based in Broomfield, Colorado, DMC operates in two sectors: oilfield products and services, and industrial infrastructure. The oilfield products and services sector is served by DynaEnergetics, an international developer, manufacturer and marketer of advanced explosive components and systems used to perforate oil and gas wells.  The industrial infrastructure sector is served by DMC’s NobelClad business, the world’s largest manufacturer of explosion-welded clad metal plates, which are used to fabricate capital equipment utilized within various process industries and other industrial sectors. Its earnings per share (EPS) expected to touch remained 266.50% for this year while earning per share for the next 5-years is expected to reach at 20.00%. BOOM has a gross margin of 34.60%

According to the most recent quarter its current ratio was 2.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of -12.06% from the mean of 20 days, -9.94% from mean of 50 days SMA and performed 32.81% from mean of 200 days price. Company’s performance for the week was -12.54%, -15.10% for month and YTD performance remained 74.00%.

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