Desktop Metal (DM) to Release Quarterly Earnings on Friday

Desktop Metal (NYSE:DM) is expected to issue its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $44.10 million for the quarter.

Desktop Metal Price Performance

Desktop Metal stock opened at $2.75 on Thursday. The firm has a market capitalization of $91.52 million, a P/E ratio of -0.25 and a beta of 0.70. Desktop Metal has a one year low of $1.84 and a one year high of $11.80. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.34 and a quick ratio of 1.02. The business has a fifty day moving average price of $2.36 and a 200-day moving average price of $3.55.

Analyst Ratings Changes

Separately, StockNews.com downgraded Desktop Metal from a “hold” rating to a “sell” rating in a research note on Friday, February 7th.

Desktop Metal Company Profile

Desktop Metal, Inc manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing.