DATA Communications Management (TSE:DCM) Trading Down 0.5% – Here’s What Happened

DATA Communications Management Corp. (TSE:DCM)’s stock price traded down 0.5% during trading on Monday . The stock traded as low as C$2.05 and last traded at C$2.08. 9,133 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 35,847 shares. The stock had previously closed at C$2.09.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus lifted their price target on shares of DATA Communications Management from C$10.00 to C$11.00 in a report on Monday, November 11th.

DATA Communications Management Stock Down 0.5 %

The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 596.50. The company has a market capitalization of C$115.04 million, a P/E ratio of -20.80 and a beta of 3.42. The firm has a fifty day simple moving average of C$2.06 and a 200-day simple moving average of C$2.55.

DATA Communications Management (TSE:DCM) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.01 by C($0.06). The company had revenue of C$108.73 million for the quarter, compared to the consensus estimate of C$120.38 million. DATA Communications Management had a negative return on equity of 11.59% and a negative net margin of 0.99%. On average, equities research analysts expect that DATA Communications Management Corp. will post 0.4398734 EPS for the current fiscal year.

About DATA Communications Management

DATA Communications Management Corp is a communication solutions partner that adds value for major companies across North America by creating more meaningful connections with their customers. It pairs customer insights and thought leadership with cutting-edge products, modular enabling technology and services to power its clients’ go-to market strategies.