DiaMedica Therapeutics Inc. (DMAC) Stock: Here’s Why It’s Up

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DiaMedica Therapeutics Inc. (DMAC) is trending up in the market today. The stock, one that is focused on the biotechnology space, is presently trading at $2.64 after a move up of 8.64% so far today. As it relates to biotechnology stocks, there are a number of factors that have the ability to cause price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines associated with DMAC:

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Aug-13-19 04:35PM DiaMedica Therapeutics Announces Second Quarter 2019 Financial Results and Provides Business Update
Aug-12-19 08:00AM DiaMedica Therapeutics to Present at the 2019 Intellisight Investor Conference on August 14, 2019
Aug-08-19 04:00PM DiaMedica Therapeutics to Report Second Quarter 2019 Financials and Provide a Business Update August 13, 2019
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

Nonetheless, any time investors are making a decision to invest, prospective investors should look into far more than news, this is especially the case in the highly speculative biotechnology industry. Here’s what’s going on with DiaMedica Therapeutics Inc..

Recent Movement From DMAC

Although a gain in a single session, like what we’re seeing from DiaMedica Therapeutics Inc. might cause excitement in some investors, a single session gain alone should not be the reason for a decision to, or not to, buy a company’s stock. It is always important to 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 we’ve seen:

  • Past Seven Days – Throughout the past 5 trading sessions, DMAC has seen a price change that amounts to -23.70%.
  • Past 30 Days – The return from DiaMedica Therapeutics Inc. in the past month has been -25.84%.
  • Past Three Months – Throughout the past three months, the stock has produced a ROI that works out to -7.37%
  • Bi-Annually – Over the past six months, we’ve seen a performance that works out to -27.07% from the company.
  • Year To Date – Since the open of this year DMAC has generated a return of -9.28%.
  • Annually – Finally, in the last year, we’ve seen movement that works out to -65.01% from DMAC. In this period of time, the stock has sold at a high of -73.60% and a low price of 19.46%.

Ratios Worth Watching

Digging into various key ratios associated with a company can give prospective investors a view of just how dangerous and/or rewarding a stock pick may be. Here are a few of the key ratios to consider 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 value of the stock is going to fall. Throughout the sector, biotech stocks tend to 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 relation to DiaMedica Therapeutics Inc., it’s short ratio clocks in at 0.09.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure If a company is able to pay its debts when they come due with only current assets or quick assets. In the biotechnology space, several companies are heavily reliant on continued support from investors, these ratios can be damning. Nonetheless, quite a few good picks in the biotech space come with great 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 currently owned by the company to the share price of the stock. when it comes to DiaMedica Therapeutics Inc., that ratio equates to 0.98.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. Several clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re looking into a biotech stock, this is a very important ratio to look into. In this case, the cash to share value ratio is 0.

Analyst Opinions Of DiaMedica Therapeutics Inc.

Although it’s never a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to consider their opinions to validate your own thoughts when it comes to making investment decisions in the biotechnology sector. Below you’ll find the recent moves that we have seen from analysts with regard to DMAC.

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Apr-30-19 Initiated Dougherty & Company Buy $8
Mar-05-19 Initiated Lake Street Buy $9

Is Big Money Interested in DiaMedica Therapeutics Inc.?

One thing that I have come to understand so far in my brief period as an intelligence has been that smart money tends to follow the moves made by big money players. That is to say, investors that want to keep the risk down will watch investments made by institutional investors and insiders of the company. With that said, is big money flowing when it comes to DMAC? Here’s the information:

  • Institutions – As it stands now, institutions hold 13.72% of the company. On the other hand, it is important to consider that the ownership held by institutions has changed in the amount of 0 throughout the last quarter.
  • Insider Moves – with regard to insiders, those close to the company currently hold 8.37% of DiaMedica Therapeutics Inc.. Insider ownership of the company has seen a move of 0 in the last quarter.

Looking At Share Counts

Investors and traders seem to have an interest in the counts of shares both available and outstanding. In terms of DiaMedica Therapeutics Inc., currently there are 11.96M with a float of 9.09M. These data mean that of the total of 11.96M shares of DMAC that are out there today, 9.09M are available to trade hands in the public realm.

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 0.12%.

Earnings

What have ween seen from DMAC in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands at the moment, analysts have expectations that the company will create earnings per diluted share that comes to 0, with 0 to be announced in the next financial report. Although this data is not associated with earnings, since we’re chatting on the topic of analysts, DMAC is presently graded as a 0 when rated on a scale from 1 to 5 where 1 is the poorest possible analyst rating and 5 is the best rating.
  • 5-Year Sales – In the last half decade, DiaMedica Therapeutics Inc. has created a change in revenue that adds up to 0. EPS through the period have experienced movement in the amount of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is often represented in the human world, the company has experienced a change in earnings that amounts to 0. DiaMedica Therapeutics Inc. has also seen movement in terms of sales in the amount of 0.

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