DMC Global Inc. (BOOM) Stock Is An 52-Week High Flier

March 12, 2018 - By Winifred Garcia

The stock of DMC Global Inc. (NASDAQ:BOOM) hit a new 52-week high and has $29.27 target or 9.00 % above today’s $26.85 share price. The 9 months bullish chart indicates low risk for the $400.21M company. The 1-year high was reported on Mar, 12 by If the $29.27 price target is reached, the company will be worth $36.02M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 4.68% or $1.2 during the last trading session, reaching $26.85. About 42,462 shares traded. DMC Global Inc. (NASDAQ:BOOM) has risen 33.04% since March 12, 2017 and is uptrending. It has outperformed by 16.34% the S&P500.

DMC Global Inc. (NASDAQ:BOOM) Ratings Coverage

Among 5 analysts covering Dynamic Materials (NASDAQ:BOOM), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Dynamic Materials had 11 analyst reports since October 19, 2015 according to SRatingsIntel. Roth Capital maintained it with “Buy” rating and $27.0 target in Wednesday, February 7 report. On Friday, July 28 the stock rating was maintained by Roth Capital with “Buy”. The firm earned “Buy” rating on Wednesday, October 28 by Stifel Nicolaus. On Monday, July 17 the stock rating was maintained by Roth Capital with “Buy”. The stock has “Neutral” rating by Roth Capital on Monday, March 21. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, October 19 report. The rating was upgraded by TH Capital on Monday, October 31 to “Buy”. Sidoti downgraded the stock to “Neutral” rating in Friday, June 10 report. On Monday, October 31 the stock rating was upgraded by Roth Capital to “Buy”.

More important recent DMC Global Inc. (NASDAQ:BOOM) news were published by: which released: “DMC Global posts $18.9 million loss in 2017” on March 09, 2018, also published article titled: “DMC Global Schedules Fourth Quarter Earnings Release and Conference Call”, published: “Form 4 DMC Global Inc. For: Feb 27 Filed by: SHEPSTON MICHELLE H” on March 02, 2018. More interesting news about DMC Global Inc. (NASDAQ:BOOM) was released by: and their article: “DMC Global to Present at the 30th Annual Roth Conference on March 12, 2018” with publication date: March 05, 2018.

DMC Global Inc. operates technical product and process businesses in the energy, industrial, and infrastructure markets worldwide. The company has market cap of $400.21 million. The firm operates in two divisions, NobelClad and DynaEnergetics. It currently has negative earnings. The NobelClad segment is involved in the production of explosion-welded clad metal plates for use in the construction of heavy, corrosion resistant pressure vessels, and heat exchangers for gas and oil, chemical and petrochemical, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration, and other industries.

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