DiaMedica Therapeutics Inc. (DMAC) Stock: Here’s What’s Happening

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DiaMedica Therapeutics Inc. (DMAC) is trending down in the market today. The company, one that is focused on the biotechnology sector, is presently priced at $4.64 after falling -6.07% so far today. When it comes to biotechnology companies, there are a number of factors that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines associated with DMAC:

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Jun-21-19 07:18AM The Daily Biotech Pulse: ContraVir’s Volatile Ride Continues, Late-Stage Disappointment For Exelixis, Regeneron-Sanofi Breathe Easy
Jun-20-19 07:25AM The Daily Biotech Pulse: DiaMedica Reports Positive Data For Chronic Kidney Disease Drug, Eloxx Offering, IPO Deluge
Jun-19-19 04:04PM DiaMedica Therapeutics Announces Interim Results from Phase 1b Trial of DM199 in Chronic Kidney Disease Participants
May-21-19 08:34AM DiaMedica Therapeutics Announces Formation of Scientific Advisory Board for Kidney Disease
May-14-19 06:00AM DiaMedica Therapeutics, Inc. to Host Earnings Call

Nonetheless, any time investors are making a decision to invest, investors should focus on much more than news, this is especially the case in the highly speculative biotechnology sector. Here’s what’s happing when it comes to DiaMedica Therapeutics Inc..

Recent Moves From DMAC

Although a decline in a single session, like what we’re seeing from DiaMedica Therapeutics Inc. might make some investors fearful, a single session move alone should not be the reason for a decision to, or not to, invest in a company. It’s always smart to look into trends experienced by the stock for a period longer than a single session. As it relates to DMAC, below are the returns on investment that investors have experienced:

  • Past 5 Sessions – Over the last 5 trading sessions, DMAC has produced a change in value in the amount of 50.65%.
  • Past 30 Days – The monthly ROI from DiaMedica Therapeutics Inc. has been 54.67%.
  • Past 3 Months – Throughout the last quarter, the company has generated a return of 17.47%
  • Past Six Months – Throughout the last six months, we have seen a performance that works out to 54.67% from the company.
  • Year To Date – Since the open of this year DMAC has generated a return on investment of 59.45%.
  • Annually – Lastly, over the last year, we have seen a change of -52.96% from DMAC. In this period, the stock has traded at a high of -66.32% and a low of 88.62%.

Ratios Worth Paying Attention To

Digging into a few ratios having to do with a company generally gives prospective traders a view of just how risky and/or rewarding a pick might be. Below are a few of the important ratios to look at when digging into DMAC.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the level of short interest. As the short ratio heads up, it shows that more investors believe that the value of the stock is going to go down. Throughout the sector, biotech stocks can have a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the space. Nonetheless, in regard to DiaMedica Therapeutics Inc., it’s short ratio clocks in at 0.14.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Basically, they measure If a company is able to cover its debts as they mature using quick assets or current assets. In the biotechnology industry, many companies are reliant on the continuation of support from investors, the current and quick ratios can seem upsetting. However, some good picks in the biotech industry do have positive current and quick ratios. As it relates 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 current book value of assets currently owned by the company to the share price. In this particular case, the book to share value ratio is 1.16.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. Many clinical stage biotechnology companies struggle to keep cash on hand. So, when investing in the biotech industry, this is an important ratio to consider. In the case of DMAC, the cash to share value ratio works out to 0.

What Analysts Say About DiaMedica Therapeutics Inc.

While it’s never a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their analysis when validating your own thoughts before making an investment decision in the biotech sector. Below are the most recent moves that we’ve seen from analysts as it relates to DMAC.

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Apr-30-19 Initiated Dougherty & Company Buy $8
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 own 13.72% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 8.37% percent of DMAC shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Float Information

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 12.01M 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 9.07M.

I also find it important to dig into the short percentage of the float. Think about it, if a large portion of the float is shorted, the overall feeling in the market is that the equity is going to lose value. In regard to DMAC, the short percentage of the float is currently 0.18%. In general, concerning short percent of the float would be any percentage over 40%. Nonetheless, I’ve found that anything over 26% is generally a risky play.

What We’ve Seen In Financial Results

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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