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

Several research firms recently commented on BOOM. Zacks Investment Research upgraded shares of Dynamic Materials Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, August 2nd. Sidoti lowered shares of Dynamic Materials Corp. from a “buy” rating to a “neutral” rating in a research report on Friday, June 10th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.67.

The company’s market cap is $155.14 million. The stock’s 50 day moving average is $11.14 and its 200 day moving average is $9.26.

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

In other 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 sale, the insider now owns 90,750 shares in the company, valued at approximately $1,061,775. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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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