Overall market sentiment has been neutral on Desktop Metal Inc (DM) stock lately. DM receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator. Desktop Metal Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on DM! See Full DM Report What is Stock Sentiment? When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price. What's Happening With DM Stock Today? Desktop Metal Inc (DM) stock is trading at $2.13 as of 11:04 AM on Friday, Jun 10, a decline of -$0.20, or -8.58% from the previous closing price of $2.33. The stock has traded between $2.11 and $2.28 so far today. Volume today is low. So far 1,889,460 shares have traded compared to average volume of 14,210,540 shares. To screen for more stocks like Desktop Metal Inc click here. More About Desktop Metal Inc Desktop Metal Inc manufactures 3-dimensional printers to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). Click Here to get the full Stock Report for Desktop Metal Inc stock.
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
Stock Price data may be delayed up to 15 minutes.
Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy