DATA Communications Management (TSE:DCM) Shares Down 3.8% – Here’s What Happened

by · The Cerbat Gem

DATA Communications Management Corp. (TSE:DCMGet Free Report)’s stock price traded down 3.8% during trading on Monday . The company traded as low as C$2.02 and last traded at C$2.02. 21,114 shares traded hands during trading, a decline of 62% from the average session volume of 55,885 shares. The stock had previously closed at C$2.10.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus boosted their target price on shares of DATA Communications Management from C$10.00 to C$11.00 in a research note on Monday, November 11th.

Get Our Latest Analysis on DATA Communications Management

DATA Communications Management Stock Performance

The stock has a market cap of C$115.60 million, a price-to-earnings ratio of -20.90 and a beta of 3.42. The company has a current ratio of 1.49, a quick ratio of 0.83 and a debt-to-equity ratio of 596.50. The firm has a fifty day simple moving average of C$2.27 and a 200-day simple moving average of C$2.61.

DATA Communications Management (TSE:DCMGet Free Report) last released its earnings results on Tuesday, November 12th. The company reported C($0.05) EPS for the quarter, missing analysts’ consensus estimates of C$0.01 by C($0.06). DATA Communications Management had a negative return on equity of 11.59% and a negative net margin of 0.99%. The business had revenue of C$108.73 million for the quarter, compared to analyst estimates of C$120.38 million. Analysts forecast that DATA Communications Management Corp. will post 0.4398734 EPS for the current fiscal year.

DATA Communications Management Company Profile

(Get Free Report)

DATA Communications Management Corp is a communication solutions partner that adds value for major companies across North America by creating more meaningful connections with their customers. It pairs customer insights and thought leadership with cutting-edge products, modular enabling technology and services to power its clients’ go-to market strategies.

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