ibusinesslines.com
ibusinesslines.com May 24, 2018


Swiss National Bank Has $1805000 Position in Dominion Diamond Corporation (DDC)

17 July 2017, 08:05 | Justin Tyler

Swiss National Bank Has $1805000 Position in Dominion Diamond Corporation (DDC)

Swiss National Bank Has $1805000 Position in Dominion Diamond Corporation (DDC)

Stage Stores, Inc. has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -72.56% from its high of $6.56 to a $50.27 million market value through last close. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover DDC having a buy-equivalent rating. Dominion Diamond Corporation has an average rating of "Buy" and a consensus price target of $14.78.

By having an overview of the Income statement for Dominion Diamond Corp (NYSE:DDC) the Revenue for the trailing twelve months is 603.57 Million.

Market Capitalization can be thought of as the overall price to buy the company. Currently, the stock is -1.25% from its 50-Day High and 10.13% from the 50-day low.

Dominion Diamond Corporation (NYSE:DDC) shares typically trade an average volume of 545.36 and institutions hold 66.80% of the total shares. The basic materials company reported $0.09 EPS for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.04. Dominion Diamond Corporation had a positive return on equity of 1.46% and a negative net margin of 1.07%. The firm had revenue of $211 million for the quarter. During the same period in the previous year, the business posted ($0.01) EPS.

DDC's fiscal year ends Jan 31, 2017 and the most recent quarter started on April 30, 2017. Dominion Diamond Corporation earned a news sentiment score of 0.40 on Accern's scale.

WARNING: This news story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and reposted in violation of US and worldwide copyright & trademark laws.


Dominion said Washington Companies will acquire all of its outstanding common shares for US$14.25 per share in cash, higher than the USA -based company's earlier offer of US$13.50 per share.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC boosted its stake in shares of Dominion Diamond Corporation by 22.4% in the fourth quarter. 56,320 shares of the company traded hands. While the stock price moved along with the volume change, shares are touching $13.48. The stock now has Weekly Volatility of 2.74% and Monthly Volatility of 2.29%.

Stock research firms now have a positive stance on shares of Dominion Diamond Corporation (NYSE:DDC). Tocqueville Asset Management L.P. now owns 247,721 shares of the basic materials company's stock valued at $3,129,000 after buying an additional 120,000 shares during the last quarter.

Beta is also an important valuation ratio for analyzing the stock of the company, DDC has Beta of 0.61 while its industry and Sector's beta remains at 1.33 and 0.9 respectively.

Reuters reported on Friday that Dominion was in advanced and friendly talks with Washington Companies. The Company is focused on the mining and marketing of rough diamonds to the global market.



Other News

Trending Now

Chelsea striker Costa parties in Atletico shirt and mocks Conte
The Blues' top scorer will be unable to play until January as Atletico are now under a transfer embargo. Costa, now twenty-eight-years-old, scored twenty goals in thirty-five league appearances last season.

Joe Biden writing book about his son's death
Joe Biden's memoir is coming out November 14 and it will be called " Promise Me, Dad: A Year of Hope, Hardship, and goal ". The book looks at the death of the vice president's son, Beau, and Biden's decision not to run for president in 2016.

National Hurricane Center: Two Tropical Cyclones May Form Over Atlantic
EDT (0900 UTC), the center of Hurricane Fernanda was located near 11.0 degrees north latitude and 117.9 degrees west longitude. The hurricane center said the storm could develop more over the day or two as it reaches the Lesser Antilles in the Caribbean.

Civilian deaths increase in Afghanistan
The blast, for which no one has yet claimed responsibility, killed at least 92 civilians and injured almost 500 others. The report commends Afghan security forces for their continued efforts to reduce civilian casualties.

Defending champion Stenson and Spieth paired for British Open
Rickie Fowler , Adam Scott and Paul Casey will play together and Thursday's first group - out at 1:35 a.m. Maybe we can turn things around a little bit but I need to step it up quite a lot".

USA sets terms and conditions on giving back Russian Federation its diplomatic compounds
The public objection was rare for Netanyahu, who has sought to avoid confrontation with Moscow and Washington over Syria. Former president Barack Obama ordered their seizure in December as well as the expulsion of 35 Russian diplomats.

Troops On Offensive To Re-Take Helmand's Nawa District
The security forces plan to continue the operation southward along the main road to the town of Garmsir, officials said. The Afghan government said Monday that troops retook a key district in the southern Helmand province from the Taliban.