Somewhat Positive Media Coverage Somewhat Unlikely to Affect Dominion Diamond Corp (DDC) Stock Price
Media stories about Dominion Diamond Corp (NYSE:DDC) (TSE:DDC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dominion Diamond Corp earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 45.4612844706673 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities analysts have recently issued reports on DDC shares. Scotiabank downgraded Dominion Diamond Corp from a “sector perform” rating to a “tender” rating and set a $14.25 price target on the stock. in a research report on Thursday, September 14th. Canaccord Genuity restated a “buy” rating and set a $23.00 price objective on shares of Dominion Diamond Corp in a research note on Monday, September 25th. Finally, BidaskClub upgraded Dominion Diamond Corp from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $16.75.
Dominion Diamond Corp (DDC) traded down $0.01 during trading on Wednesday, reaching $14.24. The company’s stock had a trading volume of 988,200 shares, compared to its average volume of 829,896. Dominion Diamond Corp has a 52 week low of $8.29 and a 52 week high of $14.26. The stock has a market capitalization of $1,170.00, a PE ratio of 29.06 and a beta of 0.44.
Dominion Diamond Corp (NYSE:DDC) (TSE:DDC) last released its quarterly earnings results on Wednesday, September 6th. The basic materials company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.03). Dominion Diamond Corp had a net margin of 12.96% and a return on equity of 10.52%. The business had revenue of $239.78 million during the quarter. equities analysts expect that Dominion Diamond Corp will post 0.87 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Dominion Diamond Corp (DDC) Stock Price” was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.dailypolitical.com/2017/11/22/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-dominion-diamond-corp-ddc-stock-price.html.
Dominion Diamond Corp Company Profile
Dominion Diamond Corp is a diamond mining company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company’s segments include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. It supplies rough diamonds to the global market from its operation of the Ekati Diamond Mine (in which it owns a controlling interest) and its approximately 40% ownership interest in the Diavik Diamond Mine.
Receive News & Ratings for Dominion Diamond Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Diamond Corp and related companies with MarketBeat.com's FREE daily email newsletter.