DATA Communications Management (TSE:DCM) Trading Down 0.6% - Here's What Happened

DATA Communications Management Corp. (TSE:DCM - Get Free Report) fell 0.6% during mid-day trading on Friday . The company traded as low as C$1.79 and last traded at C$1.80. 17,250 shares traded hands during trading, a decline of 55% from the average session volume of 38,601 shares. The stock had previously closed at C$1.81.

Wall Street Analysts Forecast Growth

Separately, Acumen Capital raised DATA Communications Management to a "strong-buy" rating and cut their price objective for the company from C$4.00 to C$3.75 in a report on Thursday, May 22nd.

DATA Communications Management Stock Performance

The company has a market capitalization of C$103.38 million, a price-to-earnings ratio of -29.65 and a beta of 3.42. The company has a debt-to-equity ratio of 631.45, a current ratio of 1.46 and a quick ratio of 0.83. The stock has a 50 day moving average price of C$1.82 and a two-hundred day moving average price of C$1.94.

About DATA Communications Management

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.