DiaMedica Therapeutics - DMAC Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DiaMedica Therapeutics in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DMAC shares.
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3 Wall Street research analysts have issued 1 year target prices for DiaMedica Therapeutics' stock. Their DMAC share price forecasts range from $8.00 to $12.00. On average, they expect the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 740.3% from the stock's current price.
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DiaMedica Therapeutics' stock was trading at $3.73 at the beginning of the year. Since then, DMAC stock has decreased by 68.1% and is now trading at $1.19.
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DiaMedica Therapeutics saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 34,500 shares, a drop of 35.0% from the October 31st total of 53,100 shares. Based on an average daily volume of 56,600 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, March 13th 2023.
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DiaMedica Therapeutics Inc. (NASDAQ:DMAC) announced its earnings results on Wednesday, November, 10th. The company reported ($0.18) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.05. During the same quarter in the previous year, the firm posted ($0.19) earnings per share.

Based on aggregate information from My MarketBeat watchlists, some companies that other DiaMedica Therapeutics investors own include VBI Vaccines (VBIV), Inovio Pharmaceuticals (INO), Dynavax Technologies (DVAX), Pfizer (PFE), Vaxart (VXRT), Aldeyra Therapeutics (ALDX), Capricor Therapeutics (CAPR), Oncolytics Biotech (ONCY), Sesen Bio (SESN) and Sorrento Therapeutics (SRNE).

(DMAC) raised $18 million in an IPO on Friday, December 7th 2018. The company issued 4,000,000 shares at $4.00-$5.00 per share. Craig-Hallum Capital Group acted as the underwriter for the IPO.

DiaMedica Therapeutics trades on the NASDAQ under the ticker symbol "DMAC."

DiaMedica Therapeutics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.16%) and Citadel Advisors LLC (0.13%). Insiders that own company stock include Dietrich John Pauls, Harry W Alcorn Jr, Koch Thomas Von, Randall Michael Giuffre, Richard D Pilnik and Scott Kellen.
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Shares of DMAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DMAC stock can currently be purchased for approximately $1.19.

DiaMedica Therapeutics (NASDAQ:DMAC) has a market capitalization of $31.47 million. The company earns $-13,590,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis.

DiaMedica Therapeutics' mailing address is 2 CARLSON PARKWAY SUITE 260, MINNEAPOLIS MN, 55447. The official website for the company is www.diamedica.com. The company can be reached via phone at (763) 312-6755 or via email at skellen@diamedica.com.