Determine, Inc. (NASDAQ:DTRM) could be among the best stocks to invest in right now as the company shares are trading 6.25% or 0.01 points up from last closing price of $0.16, reaching $0.17 at last check. Any clue why there is so much of action in the DTRM stock? The share price has risen in 2 of the last 5 days and is up 28% over the past week. It will be exciting to see whether the stock manages to continue increasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 89,696 shares, and in total 90196 shares valued at $15333 were seen changing hands compared with 500 shares valued at $80 recorded at the previous session. You should take into consideration that a greater volume on higher prices causes bullish signal for the market. It shows the sentiment is in an uptrend and more and more traders want to enter in the DTRM stock.
Determine, Inc. (DTRM) shares have notched a 3-month gain of about 28%, but has still tumbled -30.5% year to date. By comparison, the stock sank -90.49% over the past 12 months, while it slipped -2.74% over the 1 month. The company’s market cap is around $2.57M, with its short interest ratio standing at 3.04%.
In the current trading session for DTRM, the stock witnessed two major price actions, it rose to a high of $0.17 and was down as much as $0.16 at one point. The high recorded is very low when compared to their 52-week high which is $0.07. The 52-week high is now at -91.01 distance from current price. Their recent low of $1.89 represents a 142.89% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for DTRM is $2.25, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Determine, Inc. earned $-0.13 per share in the trailing 12 months and has a P/E ratio of -1.31. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 144.56 and lower compared to the sector’s average of 13.27. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. DTRM also has P/S multiple of 0.13. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 9.65x.
The company recorded an interesting insider sale transaction by the Major Shareholder on Dec 28, 2017. A Securities and Exchanges Commission filings show that Lloyd I Miller III sold a total of 25,000 DTRM shares that day for a sum of around $42,250. Determine, Inc. (DTRM) insiders have acquired no shares in the stock within the past three months. In total, individual insiders traded no shares in the business, which makes up 0% of 37,800 shares that were traded over a year. In the past 12 months, insiders have purchased 37,800 shares while the seller parted with shares.
DTRM‘s last price was down -54.68% as compared to the average trading price of 50 days recorded at $0.38 while enlarging the period to 200 trading days, the average closing price was $0.14. At present, there are 16.09 million in the total number of common shares owned by the public and among those 9.72 million shares have been available to trade. The percentage of shares being held by the company management was 1.4% while institutions stake was 21.3%. The company has generated negative returns on equity over the last 12 months (-487.1%). It managed to keep its gross profit margin at 62.3% over the past 12 months.
When assessing the full upside of the DTRM stock, there is another set of technicals that should be looked into and considered. Its 2.74% gain from moving average of $0.17 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 1.85 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of Determine, Inc. — 1 analysts rate the stock as a buy with another 0 rating it strong buy. There are 1 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $2.25 on shares of Determine, Inc. (NASDAQ:DTRM), which corresponds to 1,223.53% upside potential than its current market price of $0.17 and implies potential despite the recent advance in the price. However, their current target price has fallen from $2.25 a month ago and is down handily from the consensus target of $2.25 a quarter ago.
In the last five years, the EPS of the company has been roughly 15.3%. Though the percentage looks encouraging, extra headwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will decrease annually by 0%. The revenue of the company has risen at an average annualized rate of about 13.2 over the last five years. The company recently recorded a drop of -9.1%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards DTRM stock. Vanguard Group Inc added position in the company after it grew 16.8% or 126,342 shares of its common stock. The hedge fund now owns 147,567 shares worth $25,086, SEC documents show. Northern Trust Corp shored up assets in the stock as 113138.7 shares have been purchased, increasing its stake by 50% to 169,708 shares which are currently valued at $28,850. In addition, Cornerstone Capital Inc. recently reported that it now owns 80,000 shares making a total of $13,600 based on the recent price. This refelects a change of 50% in their ownership.