Maxim Group Downgrades Determine, Inc. (NASDAQ:DTRM) to Hold

Determine, Inc. (NASDAQ:DTRM) was downgraded by investment analysts at Maxim Group from a “buy” rating to a “hold” rating in a report issued on Friday, November 10th, Marketbeat.com reports.

Other research analysts also recently issued reports about the stock. B. Riley reaffirmed a “buy” rating and issued a $3.50 price objective on shares of Determine in a report on Monday, November 6th. ValuEngine cut shares of Determine from a “hold” rating to a “sell” rating in a report on Saturday, July 22nd.

Shares of Determine (DTRM) traded up $0.02 on Friday, hitting $1.71. 16,800 shares of the stock traded hands, compared to its average volume of 29,873. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.84. Determine has a 1-year low of $1.56 and a 1-year high of $3.93.

Determine (NASDAQ:DTRM) last posted its earnings results on Thursday, November 9th. The technology company reported ($0.10) earnings per share for the quarter, meeting the consensus estimate of ($0.10). Determine had a negative net margin of 30.72% and a negative return on equity of 88.32%. The firm had revenue of $6.89 million during the quarter, compared to analyst estimates of $6.77 million. During the same period in the previous year, the firm earned ($0.28) EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. equities research analysts predict that Determine will post -0.46 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Maxim Group Downgrades Determine, Inc. (NASDAQ:DTRM) to Hold” was originally published by BBNS and is owned by of BBNS. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The correct version of this news story can be read at https://baseballnewssource.com/markets/maxim-group-downgrades-determine-inc-dtrm-to-hold/1775326.html.

In other Determine news, major shareholder Lloyd I. Miller III sold 25,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $1.73, for a total transaction of $43,250.00. Following the sale, the insider now directly owns 250,820 shares in the company, valued at $433,918.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.96% of the stock is owned by insiders.

Large investors have recently modified their holdings of the business. AWM Investment Company Inc. increased its stake in Determine by 103.2% during the second quarter. AWM Investment Company Inc. now owns 1,455,220 shares of the technology company’s stock worth $3,871,000 after purchasing an additional 739,000 shares during the period. Susquehanna International Group LLP acquired a new position in shares of Determine during the second quarter worth about $203,000. Finally, Renaissance Technologies LLC grew its position in shares of Determine by 24.5% during the first quarter. Renaissance Technologies LLC now owns 149,814 shares of the technology company’s stock worth $509,000 after buying an additional 29,500 shares in the last quarter. Institutional investors own 22.90% of the company’s stock.

Determine Company Profile

Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.

Receive News & Ratings for Determine Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Determine Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts


Leave a Reply

 
© 2006-2017 BBNS.