BOOM Stock Summary and Trading Ideas (DMC Glb | NASDAQ:BOOM)

DMC Global Inc operates a diversified family of technical product and process businesses serving the energy, industrial and infrastructure markets. Its business is organized into three segments: Arcadia, DynaEnergetics, and NobelClad. Arcadia Products supplies architectural building products, including exterior and interior framing systems, windows, urtain walls, storefronts etc to the commercial construction market. NobelClad is involved in the production of explosion-welded clad metal plates for use in the construction of corrosion-resistant industrial processing equipment and specialized transition joints. DynaEnergetics driver, designs manufactures and distributes products utilized by the oil and gas industry principally for the perforation of oil and gas wells.

DMC Glb trades on the NASDAQ stock market under the symbol BOOM.

As of April 23, 2024, BOOM stock price declined to $16.74 with 106,775 million shares trading.

BOOM has a beta of 0.23, meaning it tends to be less sensitive to market movements. BOOM has a correlation of 0.00 to the broad based SPY ETF.

BOOM has a market cap of $331.22 million. This is considered a Small Cap stock.

Last quarter DMC Glb reported $174 million in Revenue and $.26 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.08.

In the last 3 years, BOOM stock traded as high as $63.50 and as low as $13.95.

The top ETF exchange traded funds that BOOM belongs to (by Net Assets): VTI, IWM, VXF, IWN, XES.

BOOM has underperformed the market in the last year with a price return of -17.2% while the SPY ETF gained +24.3%. BOOM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.1% and -10.9%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

BOOM support price is $16.47 and resistance is $17.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BOOM stock will trade within this expected range on the day.