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

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DiaMedica Therapeutics Inc. (DMAC) is working its way for to the bottom in the market today. The stock, one that is focused in the biotechnology space, is presently trading at $3.08 after tumbling -12.00% so far in today’s session. As it relates to biotechnology stocks, there are a number of aspects that have the potential to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines 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 take a look at much more than just news, especially in the speculative biotech sector. Here’s what’s happening in regard to DiaMedica Therapeutics Inc..

Recent Movement Out of DMAC

While a single session decline, like the fall that we’re seeing from DiaMedica Therapeutics Inc. may lead to fear in some investors, that by itself should not be the basis of a decision to, or not to, invest in a stock. It is generally smart to take a look at trends experienced by the stock just a single trading session. In the case of DMAC, below are the returns on investment that investors have experienced:

  • Weekly – Over the past seven days, DMAC has produced a change in price that amounts to -18.09%.
  • Past 30 Days – The monthly performance from DiaMedica Therapeutics Inc. has been -36.36%.
  • Past Quarter – In the last 3 months, the stock has produced a ROI that works out to -8.06%
  • Bi-Annually – Throughout the previous six months, we have seen a change that equates to -23.38% from the stock.
  • This Year So Far – Since the close of last year DMAC has produced a return on investment of 5.84%.
  • Annually – Finally, throughout the last year, we’ve seen movement in the amount of -67.92% out of DMAC. Throughout this period of time, the stock has traded at a high price of -69.20% and a low price of 25.20%.

Ratios That Are Notable

Looking at a few key ratios having to do with a company can give prospective investors an understanding of how dangerous and/or potentially profitable a stock pick might be. Here are a few of the key ratios to look at when looking at DMAC.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the level of short interest. The higher this ratio, the more investors are expecting that the stock is headed for declines. Across the sector, biotech stocks tend to carry a higher short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, with regard to DiaMedica Therapeutics Inc., the stock’s short ratio clocks in at 0.31.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to pay its debts as they mature based on current assets or quick assets. In the biotechnology industry, many companies are reliant on the continuation of support from investors, the current and quick ratios can be bad. Nonetheless, several better companies in the biotechnology industry do have good current and quick ratios. When it comes to DMAC, the quick and current ratios come to 0 and 0 respectively.  

Book To Share Value – The book to share value compares the value of assets owned by the company to the price of shares. In this particular case, that ratio is 1.16.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of shares. Many clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re considering an investment in a stock in the biotechnology sector, this is an important ratio to look into. In terms of DMAC, the cash to share value is 0.

Analyst Opinions With Regard To DiaMedica Therapeutics Inc.

Although it’s not a good idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their opinions when validating your own due diligence before making investment decisions in the biotech space. Here 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

Moves From Big Money Players

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.

A Look At Share Counts

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 9.07M.

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 0.38%.

What We’ve Seen In earnings 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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