Is Desktop Metal Inc (DM) a Good Buy in the Computer Hardware Industry?

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Friday, April 21, 2023 12:00 PM | InvestorsObserver Analysts

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Is Desktop Metal Inc (DM) a Good Buy in the Computer Hardware Industry?

The 64 rating InvestorsObserver gives to Desktop Metal Inc (DM) stock puts it near the top of the Computer Hardware industry. In addition to scoring higher than 88 percent of stocks in the Computer Hardware industry, DM’s 64 overall rating means the stock scores better than 64 percent of all stocks.

Overall Score - 64
DM has an Overall Score of 64. Find out what this means to you and get the rest of the rankings on DM!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. InvestorsObserver makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What’s Happening With Desktop Metal Inc Stock Today?

Desktop Metal Inc (DM) stock is trading at $2.08 as of 11:50 AM on Friday, Apr 21, a loss of -$0.01, or -0.48{fa54600cdce496f94cc1399742656d2709d9747721dfc890536efdd06456dfb9} from the previous closing price of $2.09. The stock has traded between $2.06 and $2.11 so far today. Volume today is light. So far 563,999 shares have traded compared to average volume of 2,774,795 shares.

Click Here to get the full Stock Report for Desktop Metal Inc stock.

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