DDC has been the topic of several other research reports. BMO Capital Markets downgraded Dominion Diamond Corp from an outperform rating to a market perform rating and set a C$18.00 target price for the company.in a report on Tuesday. Dominion Diamond Corp had 14 analyst reports since August 25, 2015 according to SRatingsIntel. The value of the total investment in Dominion Diamond Corporation increased from $1,307,000 to $1,342,000 a change of 2.7% quarter over quarter. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. The stock presently has an average rating of "Hold" and an average price target of $14.78.
Shares of Dominion Diamond Corp (TSE:DDC) traded down 0.34% on Tuesday, reaching $17.79. The stock has a 50-day moving average price of $17.21 and a 200-day moving average price of $15.00. The firm's market cap is $1.14 billion.
Dominion Diamond Corporation (NYSE:DDC) (TSE:DDC) last released its earnings results on Monday, June 12th.
The company's quick ratio for most recent quarter is 0.8 along with current ratio for most recent quarter of 2.7.
12/05/2016 - Dominion Diamond Corporation had its "outperform" rating reiterated by analysts at Scotiabank. During the same quarter in the previous year, the firm earned ($0.01) EPS. The correct version of this piece of content can be accessed at https://transcriptdaily.com/2017/07/19/dominion-diamond-corporation-ddc-receiving-somewhat-positive-press-coverage-report-finds.html. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of USA & worldwide copyright and trademark laws.
Among 18 analysts covering Phillips 66 (NYSE:PSX), 5 have Buy rating, 0 Sell and 13 Hold. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. The stock has "Overweight" rating by Barclays Capital on Wednesday, September 21. This was a decrease from the last Buy rating.
"The Washington offer delivers compelling and immediate value to Dominion shareholders at an attractive premium that recognizes the intrinsic value of Dominion and provides shareholders certainty through an all-cash offer", said Jim Gowans, Chair of the Board of Dominion Diamond Corporation. The stock grabbed 36 new institutional investments totaling 7,188,206 shares while 18 institutional investors sold out their entire positions totaling 1,280,216 shares. Dominion Diamond Corporation's revenue was up 18.3% compared to the same quarter a year ago. About 4.92 million shares traded or 182.76% up from the average. The rating was maintained by Citigroup with "Buy" on Monday, October 19. Finally, Norges Bank acquired a new position in shares of Dominion Diamond Corporation during the fourth quarter worth about $9,880,000.
Having a peek at growth estimates of the company, Dominion Diamond Corp (NYSE:DDC) has current quarter growth estimates of 261.5% however it has 666.7% estimations over growth for the next quarter.