DoubleDown Interactive Co., Ltd. (NASDAQ:DDI – Get Rating) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 3,500 shares, a growth of 66.7% from the March 15th total of 2,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Shares of DoubleDown Interactive stock traded up $0.67 during trading on Friday, hitting $12.14. The company’s stock had a trading volume of 2,119 shares, compared to its average volume of 7,163. The company has a quick ratio of 13.01, a current ratio of 13.01 and a debt-to-equity ratio of 0.05. DoubleDown Interactive has a 52 week low of $11.30 and a 52 week high of $18.50. The company has a fifty day simple moving average of $12.41 and a two-hundred day simple moving average of $14.53.
DoubleDown Interactive (NASDAQ:DDI – Get Rating) last released its quarterly earnings data on Tuesday, February 8th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The business had revenue of $86.30 million for the quarter, compared to analyst estimates of $87.49 million. As a group, sell-side analysts anticipate that DoubleDown Interactive will post 1.65 earnings per share for the current fiscal year.
Separately, Zacks Investment Research lowered shares of DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 11th.
DoubleDown Interactive Company Profile (Get Rating)
DoubleDown Interactive Co, Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Ellen's Road to Riches games. Its games are primarily distributed, marketed, and promoted through third party platform providers.
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