DoubleDown Interactive Co., Ltd. (NASDAQ:DDI - Get Free Report)'s share price traded up 4.2% during trading on Monday . The company traded as high as $10.36 and last traded at $10.13. 39,175 shares were traded during trading, an increase of 4% from the average session volume of 37,614 shares. The stock had previously closed at $9.72.
Analyst Upgrades and Downgrades
A number of brokerages have commented on DDI. Wedbush reissued an "outperform" rating and issued a $21.00 price objective on shares of DoubleDown Interactive in a research note on Wednesday, February 12th. B. Riley initiated coverage on DoubleDown Interactive in a report on Tuesday, February 25th. They set a "buy" rating and a $23.00 price objective on the stock. Finally, Northland Securities lowered their target price on DoubleDown Interactive from $21.00 to $18.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th.
View Our Latest Research Report on DoubleDown Interactive
DoubleDown Interactive Price Performance
The company has a market capitalization of $548.06 million, a price-to-earnings ratio of 4.41 and a beta of 0.89. The firm has a 50-day simple moving average of $9.83 and a two-hundred day simple moving average of $11.18. The company has a current ratio of 19.38, a quick ratio of 21.25 and a debt-to-equity ratio of 0.04.
Institutional Investors Weigh In On DoubleDown Interactive
Several large investors have recently bought and sold shares of DDI. Charles Schwab Investment Management Inc. purchased a new stake in shares of DoubleDown Interactive in the first quarter valued at about $202,000. GAMMA Investing LLC grew its stake in shares of DoubleDown Interactive by 1,376.7% in the first quarter. GAMMA Investing LLC now owns 1,713 shares of the company's stock worth $173,000 after acquiring an additional 1,597 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in DoubleDown Interactive in the 4th quarter valued at about $76,000. Millennium Management LLC increased its position in shares of DoubleDown Interactive by 25.2% in the 4th quarter. Millennium Management LLC now owns 77,624 shares of the company's stock valued at $810,000 after purchasing an additional 15,641 shares during the last quarter. Finally, Citadel Advisors LLC raised its holdings in shares of DoubleDown Interactive by 23.9% in the 4th quarter. Citadel Advisors LLC now owns 38,010 shares of the company's stock valued at $397,000 after purchasing an additional 7,343 shares in the last quarter.
DoubleDown Interactive Company Profile
(
Get Free Report)
DoubleDown Interactive Co, Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips.
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