DATA Communications Management (TSE:DCM) Trading Down 0.7% - Time to Sell?

Key Points

• DATA Communications Management Corp. shares experienced a trading decline of 0.7%, closing at C$1.52, with trading volume significantly down to 4,700 shares compared to an average of 41,411.
• Despite the recent downturn, the stock received a "strong-buy" rating from Acumen Capital, with a revised target price of C$3.75, although the average target remains much higher at C$7.38.
• The company's market capitalization is C$84.09 million, with a debt-to-equity ratio of 631.45 and a price-to-earnings ratio of 13.82, indicating potential concerns regarding its leverage.

DATA Communications Management Corp. (TSE:DCM - Get Free Report) was down 0.7% during trading on Monday . The stock traded as low as C$1.52 and last traded at C$1.52. Approximately 4,700 shares were traded during trading, a decline of 89% from the average daily volume of 41,411 shares. The stock had previously closed at C$1.53.

Analyst Upgrades and Downgrades

Separately, Acumen Capital raised DATA Communications Management to a "strong-buy" rating and decreased their target price for the stock from C$4.00 to C$3.75 in a report on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company has a consensus rating of "Strong Buy" and an average price target of C$7.38.

DATA Communications Management Price Performance

The stock has a market capitalization of C$84.09 million, a price-to-earnings ratio of 13.82 and a beta of -0.22. The company's 50-day simple moving average is C$1.65 and its 200-day simple moving average is C$1.79. The company has a debt-to-equity ratio of 631.45, a current ratio of 1.46 and a quick ratio of 0.83.

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.

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