Dometic Gp (OTCMKTS:DTCGF) Shares Gap Up - Still a Buy?

Key Points

• Dometic Gp shares gapped up from $3.10 to open at $3.45 and last traded at $3.45, but the move occurred on very light volume (500 shares).
• Technical picture shows the 50-day moving average ($3.18) is below the 200-day moving average ($4.30), signaling short-term weakness relative to the longer-term trend.
• Fundamentals are modest: market cap ~$1.10B, P/E 24.6, and the latest quarter delivered $0.09 EPS on $573.2M revenue with a 2.02% net margin and 3.68% ROE.

Dometic Gp (OTCMKTS:DTCGF - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $3.10, but opened at $3.45. Dometic Gp shares last traded at $3.45, with a volume of 500 shares changing hands.

Dometic Gp Price Performance

The firm's 50-day moving average is $3.18 and its 200-day moving average is $4.30. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.40 and a quick ratio of 0.86. The company has a market capitalization of $1.10 billion, a P/E ratio of 24.64 and a beta of 0.85.

Dometic Gp (OTCMKTS:DTCGF - Get Free Report) last announced its earnings results on Thursday, April 23rd. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $573.18 million during the quarter. Dometic Gp had a net margin of 2.02% and a return on equity of 3.68%.

Dometic Gp Company Profile

Dometic Group AB (publ), together with its subsidiaries, provides solutions for mobile living in the areas of food and beverage, climate, power and control, safety and security, and hygiene and sanitation in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers climate control products, such as air conditioners, awnings, blinds, windows and doors, ventilation products, furnaces, and patio rooms and tents for recreational vehicles, boats, and trucks; food and beverage products, including refrigerators, coolers, stoves, ovens, microwaves, and coffee machines; and safety and security products comprising safety doors, alarms, safes, and gas detectors, as well as driving support accessories.

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