Voss Capital LP Increases Stake in DMC Global Inc. (NASDAQ:BOOM)

Voss Capital LP increased its stake in shares of DMC Global Inc. (NASDAQ:BOOM - Free Report) by 229.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,019,197 shares of the industrial products company's stock after acquiring an additional 709,413 shares during the period. Voss Capital LP owned about 5.09% of DMC Global worth $7,491,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BOOM. FMR LLC boosted its position in DMC Global by 146.1% in the 3rd quarter. FMR LLC now owns 2,247 shares of the industrial products company's stock worth $29,000 after purchasing an additional 1,334 shares in the last quarter. Quantbot Technologies LP purchased a new position in DMC Global in the fourth quarter valued at $50,000. AlphaQuest LLC boosted its stake in shares of DMC Global by 27.9% during the 4th quarter. AlphaQuest LLC now owns 8,594 shares of the industrial products company's stock worth $63,000 after acquiring an additional 1,876 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of DMC Global by 29.5% during the 4th quarter. Wells Fargo & Company MN now owns 11,701 shares of the industrial products company's stock valued at $86,000 after acquiring an additional 2,667 shares during the period. Finally, FNY Investment Advisers LLC increased its stake in shares of DMC Global by 82.4% in the 4th quarter. FNY Investment Advisers LLC now owns 15,500 shares of the industrial products company's stock valued at $113,000 after purchasing an additional 7,000 shares in the last quarter. 77.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BOOM has been the topic of several research analyst reports. StockNews.com raised DMC Global from a "sell" rating to a "hold" rating in a report on Wednesday, February 26th. Stifel Nicolaus reduced their price target on shares of DMC Global from $9.50 to $9.00 and set a "hold" rating for the company in a research report on Tuesday, April 15th.

DMC Global Price Performance

BOOM traded up $0.22 on Friday, hitting $6.82. 352,367 shares of the company's stock were exchanged, compared to its average volume of 251,472. DMC Global Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $17.14. The stock has a market cap of $140.16 million, a price-to-earnings ratio of -0.86 and a beta of 1.41. The firm has a 50-day moving average price of $7.73 and a 200-day moving average price of $8.29. The company has a current ratio of 2.37, a quick ratio of 1.09 and a debt-to-equity ratio of 0.28.

DMC Global (NASDAQ:BOOM - Get Free Report) last released its earnings results on Monday, February 24th. The industrial products company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of ($0.29) by $0.38. The business had revenue of $152.37 million for the quarter, compared to analyst estimates of $140.50 million. DMC Global had a negative net margin of 14.23% and a positive return on equity of 1.45%. As a group, equities analysts anticipate that DMC Global Inc. will post -0.23 earnings per share for the current year.

DMC Global Profile

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.