DoubleDown Interactive Co., Ltd. Sponsored ADR (NASDAQ:DDI - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $12.44 and last traded at $12.3680, with a volume of 26276 shares. The stock had previously closed at $12.05.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on DDI. Freedom Capital downgraded shares of DoubleDown Interactive from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 28th. Weiss Ratings upgraded shares of DoubleDown Interactive from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, May 13th. Wedbush decreased their price objective on shares of DoubleDown Interactive from $21.00 to $15.00 and set an "outperform" rating for the company in a report on Wednesday, May 13th. Finally, Wall Street Zen raised DoubleDown Interactive from a "hold" rating to a "buy" rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $15.50.
Get Our Latest Report on DoubleDown Interactive
DoubleDown Interactive Price Performance
The firm has a market capitalization of $617.39 million, a PE ratio of 5.41 and a beta of 1.02. The firm has a 50-day simple moving average of $11.52 and a 200-day simple moving average of $10.21.
DoubleDown Interactive (NASDAQ:DDI - Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.58 by $0.13. The firm had revenue of $94.12 million during the quarter, compared to analyst estimates of $94.26 million. DoubleDown Interactive had a net margin of 30.77% and a return on equity of 12.16%. Equities analysts expect that DoubleDown Interactive Co., Ltd. Sponsored ADR will post 2.51 earnings per share for the current year.
Hedge Funds Weigh In On DoubleDown Interactive
A number of institutional investors have recently bought and sold shares of DDI. Osaic Holdings Inc. lifted its position in shares of DoubleDown Interactive by 338.6% during the 2nd quarter. Osaic Holdings Inc. now owns 3,105 shares of the company's stock valued at $30,000 after buying an additional 2,397 shares in the last quarter. Four Tree Island Advisory LLC purchased a new position in DoubleDown Interactive during the fourth quarter valued at approximately $93,000. Corient Private Wealth LLC purchased a new stake in shares of DoubleDown Interactive in the fourth quarter worth $94,000. GAMMA Investing LLC bought a new stake in shares of DoubleDown Interactive during the 2nd quarter valued at $155,000. Finally, XTX Topco Ltd purchased a new position in shares of DoubleDown Interactive during the 4th quarter valued at $118,000.
DoubleDown Interactive Company Profile
(
Get Free Report)
DoubleDown Interactive NASDAQ: DDI is a digital entertainment company that specializes in the development and publishing of social casino games. The company's portfolio centers around free-to-play titles that emulate the experience of land-based casino games such as slots, video poker, bingo and table games. By blending high-quality graphics, engaging gameplay features and real-time social mechanics, DoubleDown Interactive aims to deliver a virtual casino environment accessible via web, mobile and social media platforms.
The company's flagship offering, DoubleDown Casino, serves as a hub for multiple slot and table-style games, enabling millions of registered players to compete in tournaments, unlock new machines and purchase virtual coins through in-app transactions.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider DoubleDown Interactive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DoubleDown Interactive wasn't on the list.
While DoubleDown Interactive currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
