DiaMedica Therapeutics Inc. (DMAC) Stock: A Biotechnology Stock That’s Seeing Strong Gains

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DiaMedica Therapeutics Inc. (DMAC) is making a move up in the market in today’s trading session. The stock, one that is focused on the biotechnology sector, is presently trading at $3.95 after gaining 18.26% so far in today’s session. In terms of biotechnology stocks, there are quite a few factors that have the ability to generate gains in the market. One of the most common is news. Here are the recent headlines associated with 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

Nonetheless, when making a decision with regard to investing, investors should focus on far more than news, especially in the generally speculative biotechnology sector. Here’s what’s happening with DiaMedica Therapeutics Inc..

Returns That DMAC Investors Have Seen

While a single session gain, like the move that we’re seeing from DiaMedica Therapeutics Inc. may make some investors jump for joy, a single session gain alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always a good idea to take a look at trends further out than a single trading day. When it comes to DMAC, here are the trends that investors have seen:

  • Weekly – Over the past five trading sessions, DMAC has produced a change in value in the amount of 21.91%.
  • Past Month – The monthly ROI from DiaMedica Therapeutics Inc. has been 12.22%.
  • Past Three Months – Throughout the last three months, the stock has produced a ROI that comes to 31.67%
  • Past Six Months – Over the last six months, we’ve seen a change that amounts to -48.42% from the company.
  • YTD – Since the the first trading session of this year DMAC has generated a ROI of 35.74%.
  • Full Year – Lastly, throughout the past year, we have seen a change of -37.48% from DMAC. In this period, the stock has sold at a high price of -71.32% and a low of 60.57%.

Key Ratios

Looking at a few ratios having to do with a company can provide prospective traders a view of just how dangerous and/or rewarding a pick might be. Here are a few of the key ratios to think about when looking at DMAC.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the amount of short interest. As the short ratio heads up, it shows that more investors are expecting that the stock is headed for declines. Throughout the sector, biotechnology stocks tend to carry a higher short ratio. On the other hand, we also tend to see a lot of short squeezes in the space. Nonetheless, when it comes to DiaMedica Therapeutics Inc., it’s short ratio comes to 0.31.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure If a company is able to pay its debts as they mature using quick assets or current assets. In the biotech space, many companies are reliant on continued support from investors, the quick and current ratios can look upsetting. However, several better companies in the biotechnology space come with great current and quick ratios. When it comes to DMAC, the quick and current ratios add up to 0 and 0 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets that are owned by the company. In this particular case, the book to share value ratio equates to 1.42.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the price of shares. Many clinical stage biotech companies struggle to keep cash on hand. So, if you’re interested in a stock in the biotech space, this is an important ratio to think about. As it relates to DMAC, the cash to share value ratio is 0.

How Analysts Feel About DiaMedica Therapeutics Inc.

Although it’s not a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their thoughts in order to validate your own before making an investment decision in the biotech sector. Below you’ll find the most recent moves that we have seen from analysts when it comes to DMAC.

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Mar-05-19 Initiated Lake Street Buy $9

Investors Tend To Follow The Big Money

One thing I’ve learned in my brief time on Earth has been that smart money tends to follow the moves made by big money players. So, investors that want to play it relatively safe will keep their eyes on investments made by institutional investors and insiders. So, where is the big money when it comes to DMAC? Here’s the information:

  • Institutions – At the moment, institutions hold 13.78% of DiaMedica Therapeutics Inc.. Nonetheless, it is important to consider that institutional ownership has seen a move of 0 in the past 3 months.
  • Insider Moves – When it comes to insiders, members of the management team and others close to DMAC currently own 17.35% of DiaMedica Therapeutics Inc.. Their ownership of the company has seen a move of 0 over the last quarter.

How Many Shares Of DMAC Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 11.96M shares of DiaMedica Therapeutics Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, DMAC has a float of 8.38M.

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 0.14%.

Financial Performance

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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