At Dolphin Entertainment Inc. (NASDAQ:DLPN), Share Price Got a Bit Ahead of the Fundamentals

Dolphin Entertainment Inc. (NASDAQ:DLPN) previous close was $12.99 while the outstanding shares total 6.81M. The firm has a beta of 1.89. DLPN’s shares traded lower over the last trading session, losing -14.47% on 04/30/21. The shares fell to a low of $10.93 before closing at $11.11. Intraday shares traded counted 1.9 million, which was 64.91% higher than its 30-day average trading volume of 5.42M. The stock’s Relative Strength Index (RSI) is 52.70, with weekly volatility at 17.03% and ATR at 2.51. The DLPN stock’s 52-week price range has touched low of $2.25 and a $32.50 high.

Investors have identified the Entertainment company Dolphin Entertainment Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $98.77 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Dolphin Entertainment Inc. (DLPN) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 13.9 million total, with 16.85 million as their total liabilities.

Is the stock of DLPN attractive?

In related news, Director, Stanham Nicholas sold 1,624 shares of the company’s stock in a transaction that recorded on Dec 29. The sale was performed at an average price of 3.22, for a total value of 5,224. As the sale deal closes, the Director, Famadas Nelson now bought 681 shares of the company’s stock, valued at 500. Also, Director, Famadas Nelson sold 5 shares of the company’s stock in a deal that was recorded on Aug 27. The shares were price at an average price of 0.87 per share, with a total market value of 4. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.

Leave a Comment

Your email address will not be published. Required fields are marked *