DMC Global (NASDAQ:BOOM) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• DMC Global's stock (NASDAQ: BOOM) crossed above its 200-day moving average of $7.37, reaching a high of $7.83 during trading, with a last traded price of $7.47.
• Analysts have downgraded the stock's rating from "buy" to "hold," with a current consensus rating of "hold" and an average target price of $8.50.
• The company reported a net margin of -17.54% and a revenue of $155.49 million in its latest quarterly earnings, surpassing analyst estimates.

DMC Global (NASDAQ:BOOM - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.37 and traded as high as $7.83. DMC Global shares last traded at $7.47, with a volume of 469,726 shares trading hands.

Wall Street Analyst Weigh In

BOOM has been the topic of several recent research reports. Zacks Research lowered DMC Global from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Wall Street Zen downgraded DMC Global from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $8.50.

DMC Global Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 2.76 and a quick ratio of 1.34. The firm has a market capitalization of $171.84 million, a P/E ratio of -0.97 and a beta of 1.41. The firm's 50 day simple moving average is $7.21 and its two-hundred day simple moving average is $7.36.

DMC Global (NASDAQ:BOOM - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.07. DMC Global had a negative net margin of 17.54% and a negative return on equity of 1.27%. The firm had revenue of $155.49 million for the quarter, compared to analysts' expectations of $151.60 million. DMC Global has set its Q3 2025 guidance at EPS. As a group, analysts predict that DMC Global will post -0.23 earnings per share for the current year.

Institutional Trading of DMC Global

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Federated Hermes Inc. grew its stake in shares of DMC Global by 159.3% in the 2nd quarter. Federated Hermes Inc. now owns 603,614 shares of the industrial products company's stock worth $4,865,000 after buying an additional 370,833 shares in the last quarter. Cooke & Bieler LP increased its stake in DMC Global by 12.0% during the 1st quarter. Cooke & Bieler LP now owns 1,963,653 shares of the industrial products company's stock valued at $16,534,000 after purchasing an additional 210,234 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of DMC Global in the first quarter worth $1,139,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in DMC Global during the first quarter worth $974,000. Finally, Gabelli Funds LLC lifted its holdings in DMC Global by 268.7% during the first quarter. Gabelli Funds LLC now owns 157,815 shares of the industrial products company's stock valued at $1,329,000 after purchasing an additional 115,015 shares in the last quarter. 77.63% of the stock is owned by hedge funds and other institutional investors.

About DMC Global

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.