First Trust Direct Indexing L.P. Invests $82,000 in DoubleDown Interactive Co., Ltd. (NASDAQ:DDI)

First Trust Direct Indexing L.P. acquired a new stake in shares of DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) during the fourth quarter, HoldingsChannel reports. The firm acquired 11,183 shares of the company’s stock, valued at approximately $82,000.

Separately, B. Riley Financial Inc. raised its position in DoubleDown Interactive by 0.5% in the third quarter. B. Riley Financial Inc. now owns 4,044,876 shares of the company’s stock worth $34,301,000 after acquiring an additional 20,356 shares in the last quarter.

DoubleDown Interactive Stock Performance

NASDAQ:DDI opened at $10.96 on Thursday. The company has a 50-day moving average of $11.52 and a 200-day moving average of $9.91. DoubleDown Interactive Co., Ltd. has a twelve month low of $6.95 and a twelve month high of $15.96.

DoubleDown Interactive (NASDAQ:DDI) last issued its earnings results on Tuesday, February 13th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. The firm had revenue of $83.10 million during the quarter, compared to analysts’ expectations of $76.42 million. DoubleDown Interactive had a net margin of 32.51% and a return on equity of 14.62%. Analysts forecast that DoubleDown Interactive Co., Ltd. will post 2.04 earnings per share for the current year.

DoubleDown Interactive 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.