Dominion Diamond Corp Hits New 52-Week Low at $12.47 (DDC)
Dominion Diamond Corp (NYSE:DDC) set a new 52-week low during mid-day trading on Thursday, American Banking & Market News reports. The stock traded as low as $12.47 and last traded at $12.51, with a volume of 279,910 shares. The stock had previously closed at $12.65.
DDC has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Dominion Diamond Corp (NYSE:DDC) in a research note to investors on Thursday. They now have a $22.00 price target on the stock. Analysts at TheStreet downgraded shares of Dominion Diamond Corp (NYSE:DDC) from a “hold” rating to a “sell” rating in a research note to investors on Monday, September 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $20.10.
Dominion Diamond Corp has a one year low of $11.63 and a one year high of $17.02. The stock’s 50-day moving average is $13.02 and its 200-day moving average is $14.64. The company has a market cap of $1.062 billion and a price-to-earnings ratio of 2.15.
Dominion Diamond Corporation focused on the mining and marketing of rough diamonds. On March 26, 2013, Harry Winston Diamond Corporation completed the sale of its Harry Winston luxury brand business to the Swatch Group Ltd.
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