DM - Desktop Metal Inc. Class A Looks to Continue to Trade Below its Annual-Low Share Price Today
Desktop Metal Inc. Class A (NYSE:DM) traded today at a new 52-week low of $9.61. So far today approximately 2 million shares have been exchanged, as compared to an average 30-day volume of 6.2 million shares.
Desktop Metal Inc. Class A (NYSE:DM) is currently priced 1.8% above its average consensus analyst price target of $9.46.
Desktop Metal Inc manufactures 3-dimensional printers to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. The 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC), of which key revenue is derived from the Americas and EMEA region.
In the past 52 weeks, Desktop Metal Inc. Class A share prices are bracketed by a current low of $9.61 and a high of $34.94 and is now at $9.63.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer