DiaMedica Therapeutics Inc. (DMAC) Stock: Seeing Gains In Today’s Session

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DiaMedica Therapeutics Inc. (DMAC) is making a move up in the market today. The stock, one that is focused in the biotech sector, is currently trading at $3.55 after climbing 6.14% so far in today’s session. As it relates to biotechnology stocks, there are a number of factors that have the potential to cause price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around DMAC:

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Mar-19-19 04:30PM DiaMedica Therapeutics Announces 2018 Financial Results and Provides Corporate Update
Mar-18-19 01:56PM DiaMedica Therapeutics Announces Date for the Release of Full Year 2018 Results and Conference Call
Mar-12-19 01:00PM DiaMedica Therapeutics to Attend 31st Annual ROTH Investor Conference on March 18-19, 2019
Feb-14-19 08:00AM DiaMedica Therapeutics Doses First Patient in Phase 1b Clinical Study of DM199 in Patients with Chronic Kidney Disease
Jan-22-19 07:45AM DiaMedica Therapeutics Announces Publication of a Paper, Human Tissue Kallikrein in the Treatment of Acute Ischemic Stroke, in the Journal Therapeutic Advances in Neurological Disorders

However, when making a decision with regard to investing, investors should take a look at far more than just news, this is especially the case in the generally speculative biotechnology sector. Here’s what’s happening with DiaMedica Therapeutics Inc..

Returns That DMAC Investors Have Seen

While a move toward the top in a single session, like the gain that we’re seeing from DiaMedica Therapeutics Inc. might cause excitement in some investors, a single session gain by itself should not be the basis of a decision to, or not to, invest in a stock. It’s always a good idea to take a look at trends experienced by the stock for a period longer than a single session. As it relates to DMAC, here are the trends that investors have experienced:

  • Weekly – Throughout the past week, DMAC has generated a price change that amounts to 7.74%.
  • Past 30 Days – The monthly ROI from DiaMedica Therapeutics Inc. works out to -7.73%.
  • Past Three Months – Throughout the last 3 months, the company has produced a return on investment that comes to 9.51%
  • Bi-Annually – Throughout the last six months, we have seen a change of -54.86% from the company.
  • Year To Date – Since the close of last year DMAC has produced a return on investment of 14.78%.
  • Full Year – Lastly, over the past year, investors have seen movement that works out to -49.82% out of DMAC. Over this period, the stock has traded at a high price of -74.26% and a low price of 44.11%.

Notable Ratios

Digging into a few ratios associated with a stock generally gives investors an understanding of how dangerous and/or potentially profitable a stock pick might be. Here are a few of the important ratios to consider when digging into DMAC.

Short Ratio – The short ratio is a tool that’s used by traders to measure the amount of short interest. The higher this ratio, the more investors believe that the price of the stock is going to tumble. In general, biotech stocks can come with a higher short ratio. On the other hand, we also tend to see a lot of short squeezes in the sector. Nonetheless, in regard to DiaMedica Therapeutics Inc., it’s short ratio amounts to 0.31.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure whether or not a company can pay its debts as they mature using current assets or quick assets. Because many biotech several companies rely heavily on the continuation of investor support, the quick and current ratios can be damning. Nonetheless, some gems in the biotech space come with good quick and current ratios. When it comes to DMAC, the quick and current ratios work out to 0 and 0 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets that are owned by the company. In this case, the book to share value ratio comes in at 0.17.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. Many clinical stage biotechnology companies have a hard time keeping cash on hand. So, if you’re interested in a stock in the biotech sector, this is a very important ratio to think about. In this case, the cash to share value comes to 0.

How Analysts Feel About DiaMedica Therapeutics Inc.

While it’s not a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their opinions when validating your own thoughts when it comes to making investment decisions in the biotechnology industry. Below are the recent moves that we’ve seen from analysts when it comes to DMAC.

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Mar-05-19 Initiated Lake Street Buy $9

What Are Big Money Players Doing With DiaMedica Therapeutics Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in DMAC, here’s what we’re seeing:

  • Institutions – As it stands now, institutional investors hold 13.78% of the company. Nonetheless, it is worth noting that the ownership held by institutions has changed in the amount of 0 in the last 3 months.
  • Insiders – as it relates to insiders, those close to the company currently own 17.35% of DiaMedica Therapeutics Inc.. Their ownership of the company has changed in the amount of 0 over the past quarter.

What You Need To Know About Share Counts

Traders seem to be interested in the amounts of shares both available and outstanding. When it comes to DiaMedica Therapeutics Inc., currently there are 11.96M and there is a float of 5.50M. These numbers mean that of the total of 11.96M shares of DMAC currently in existence today, 5.50M are available to trade hands on the market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DMAC, the short percent of the float is 0.21%.

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, DMAC has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 0.

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