DoubleDown Interactive Co., Ltd. (NASDAQ:DDI – Get Rating) saw a large decline in short interest in the month of December. As of December 30th, there was short interest totalling 2,500 shares, a decline of 66.2% from the December 15th total of 7,400 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is presently 0.2 days.
DoubleDown Interactive Stock Performance
Shares of DDI stock opened at $10.32 on Wednesday. The firm has a market capitalization of $511.39 million, a PE ratio of -22.93 and a beta of 0.43. The firm has a fifty day simple moving average of $9.12 and a two-hundred day simple moving average of $9.47. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.04. DoubleDown Interactive has a 12 month low of $8.00 and a 12 month high of $15.25.
DoubleDown Interactive (NASDAQ:DDI – Get Rating) last announced its quarterly earnings results on Tuesday, November 8th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.06. The business had revenue of $78.80 million during the quarter, compared to analyst estimates of $79.13 million. DoubleDown Interactive had a negative net margin of 6.65% and a positive return on equity of 2.55%. Analysts forecast that DoubleDown Interactive will post -5.01 EPS for the current fiscal year.
Institutional Trading of DoubleDown Interactive
DoubleDown Interactive Company Profile
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 Undead World: Hero Survival games. Its games are primarily distributed, marketed, and promoted through third party platform providers.
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