Technology

DMC Global (BOOM) Jumps: Stock Rises 6.2%

DMC Global Inc. BOOM was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 55.9% in the past one-month time frame.

The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for DMC Global. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

DMC Global currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.  

DMC Global Inc. Price

DMC Global Inc. Price | DMC Global Inc. Quote

Investors interested in the Industrial Services industry may consider HORIBA, Ltd. HRIBF, which has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BOOM going up? Or down? Predict to see what others think:Up or Down

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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