Dynamic Materials Corp. (NASDAQ:BOOM) shares traded down 5.5% on Thursday . The company traded as low as $10.02 and last traded at $10.39, with a volume of 67,018 shares trading hands. The stock had previously closed at $11.00.

A number of research analysts have recently weighed in on the company. Zacks Investment Research raised Dynamic Materials Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 2nd. Sidoti downgraded Dynamic Materials Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, June 10th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $8.67.

The firm’s market cap is $150.36 million. The company has a 50 day moving average of $11.20 and a 200 day moving average of $9.24.

Dynamic Materials Corp. (NASDAQ:BOOM) last announced its quarterly earnings data on Thursday, July 28th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.02 by $0.03. During the same period in the prior year, the company posted ($0.03) EPS. The business had revenue of $41.30 million for the quarter, compared to analyst estimates of $41.29 million. Dynamic Materials Corp.’s quarterly revenue was down 7.6% on a year-over-year basis. On average, analysts expect that Dynamic Materials Corp. will post ($0.21) earnings per share for the current fiscal year.

In other Dynamic Materials Corp. news, insider Kevin T. Longe sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $11.70, for a total transaction of $146,250.00. Following the completion of the transaction, the insider now directly owns 90,750 shares in the company, valued at $1,061,775. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Dynamic Materials Corporation operates a family of technical product and process businesses serving the energy, industrial and infrastructure markets. The Company’s segments are NobelClad and DynaEnergetics. The NobelClad segment is engaged in the production of explosion-welded clad metal plates for use in the construction of corrosion resistant industrial processing equipment and specialized transition joints.

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