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

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DiaMedica Therapeutics Inc. (DMAC) is trending up in the market in today’s trading session. The stock, focused on the biotechnology space, is presently priced at $4.44 after a move up of 10.72% so far today. When it comes to biotech stocks, there are quite a few aspects that have the potential to cause movement in the market. News is one of the most common reasons for movement. Here are the most recent stories surrounding 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

However, when making a decision to invest, investors should look into much more than just news, especially in the highly speculative biotech industry. Here’s what’s going on with DiaMedica Therapeutics Inc..

How DMAC Has Been Trending

Although a single session gain, like the gain that we’re seeing from DiaMedica Therapeutics Inc. may cause excitement in some investors, a single session gain by itself should not be the reason for a decision to, or not to, invest in a stock. It’s generally a good idea to look at trends just a single trading day. In the case of DMAC, here are the returns on investment that we’ve seen:

  • Past Seven Days – Over the past 7 days, DMAC has generated a change in price amounting to -4.52%.
  • Past 30 Days – The return on investment from DiaMedica Therapeutics Inc. in the last 30 days works out to 54.70%.
  • Past 3 Months – In the past 3 months, the company has generated a return on investment that works out to 21.64%
  • Past 6 Months – In the previous 6 months, we’ve seen a performance that works out to 20.00% from the company.
  • Year To Date – Since the close of last year DMAC has produced a return on investment of 52.58%.
  • Full Year – Lastly, throughout the last full year, we’ve seen performance of -63.61% out of DMAC. Over this period, the stock has sold at a high of -67.77% and a low price of 80.49%.

Ratios Worth Paying Attention To

Looking at various ratios associated with a stock can give prospective traders an understanding of how dangerous and/or potentially profitable a stock pick might be. Here are some of the key ratios to think about when looking at DMAC.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the price of the stock is going to go down. Throughout the sector, biotech stocks can come with a higher short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, in regard to DiaMedica Therapeutics Inc., the stock’s short ratio amounts to 0.18.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Essentially, they measure the company’s abilities to pay its debts when they mature with only current assets or quick assets. Because many biotech several companies are heavily reliant on continued investor support, the quick and current ratios can be upsetting. However, some better companies in the biotech sector do have good quick and current ratios. As far as DMAC, the quick and current ratios come to 0 and 0 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the price of shares. as it relates to DiaMedica Therapeutics Inc., the book to share value ratio comes in at 1.16.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the value of shares. Several clinical stage biotech companies struggle to keep cash on hand. So, when investing in the biotechnology space, this is an important ratio to consider. In this case, the cash to share value ratio comes to 0.

What Analysts Say About DiaMedica Therapeutics Inc.

Although it’s never a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their thoughts when validating your own opinions when it comes to making an investment decision in the biotechnology space. Below are the recent moves that we have 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

Investors Tend To Follow The Big Money

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, institutions hold 13.72% of DiaMedica Therapeutics Inc.. Nonetheless, it is important to mention that institutional ownership has changed in the amount of 0 over the past 3 months.
  • Insider Holdings – As far as insiders go, insiders of the company currently own 8.37% of DiaMedica Therapeutics Inc.. Insider ownership of the company has changed by 0 throughout the past 3 months.

Interested In How Many Shares Are Available?

Investors and traders tend to have an interest in the total numbers of shares both outstanding and available. As far as DiaMedica Therapeutics Inc., currently there are 11.96M with a float of 9.07M. This means that out of the total of 11.96M shares of DMAC currently in existence today, 9.07M are available to be traded on the public 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 0.22%.

What We’ve Seen In Financial Results

What have ween seen from DMAC in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands, analysts have expectations that DMAC will create earnings per diluted share coming to a total of 0, with 0 to be reported in the earnings announcement for the current quarter. Although this data is not associated with earnings, because we’re chatting on the topic of analysts, the stock is presently rated a 0 considering a scale that ranges from 1 to 5 where 1 is the worst possible Wall Street analyst grade and 5 is the best rating.
  • 5-Year Sales – In the last half decade, DiaMedica Therapeutics Inc. has reported a movement in sales volume that adds up to 0. Earnings per diluted share through the past 5 years have seen a change of 0.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is generally explained in the human world, DiaMedica Therapeutics Inc. has generated a change in earnings that amounts to 0. DiaMedica Therapeutics Inc. has also experienced a change when it comes to sales that amounts to 0.

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