DoubleDown Interactive Co., Ltd. (NASDAQ:DDI – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 114,700 shares, an increase of 5.8% from the September 15th total of 108,400 shares. Based on an average daily volume of 35,400 shares, the days-to-cover ratio is presently 3.2 days.
DoubleDown Interactive Price Performance
NASDAQ DDI traded up $0.02 during trading on Thursday, reaching $14.90. The company’s stock had a trading volume of 21,632 shares, compared to its average volume of 32,569. The firm has a fifty day moving average of $13.94 and a 200 day moving average of $12.51. DoubleDown Interactive has a one year low of $7.16 and a one year high of $16.75. The stock has a market capitalization of $738.34 million, a PE ratio of 6.93 and a beta of 0.85. The company has a debt-to-equity ratio of 0.05, a current ratio of 18.68 and a quick ratio of 18.68.
DoubleDown Interactive (NASDAQ:DDI – Get Free Report) last announced its earnings results on Monday, August 12th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.19. DoubleDown Interactive had a net margin of 34.85% and a return on equity of 15.62%. The business had revenue of $88.24 million for the quarter, compared to the consensus estimate of $83.87 million. During the same period last year, the firm posted $0.49 earnings per share. Analysts expect that DoubleDown Interactive will post 2.35 EPS for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Stock Report on DoubleDown Interactive
Institutional Trading of DoubleDown Interactive
An institutional investor recently raised its position in DoubleDown Interactive stock. Renaissance Technologies LLC raised its position in shares of DoubleDown Interactive Co., Ltd. (NASDAQ:DDI – Free Report) by 81.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,500 shares of the company’s stock after purchasing an additional 18,200 shares during the period. Renaissance Technologies LLC owned approximately 0.08% of DoubleDown Interactive worth $529,000 at the end of the most recent reporting period.
DoubleDown Interactive Company Profile
DoubleDown Interactive Co, Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips.
Featured Articles
- Five stocks we like better than DoubleDown Interactive
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Taiwan Semiconductor Soars on Earnings With More Room to Run
- What is a Special Dividend?
- Is Lucid Group Nearing the Bottom? What Investors Should Know
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 90% Gain Possible? Analysts Are Bullish on Joby Aviation
Receive News & Ratings for DoubleDown Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleDown Interactive and related companies with MarketBeat.com's FREE daily email newsletter.