ProShares UltraShort DJ-UBS Commodity (CMD) Director Mark N. Diker Sells 5,000 Shares

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Director Mark N. Diker sold 5,000 shares of the business’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $111.77, for a total value of $558,850.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) traded up $0.51 during trading hours on Friday, hitting $80.17. ProShares UltraShort DJ-UBS Commodity has a 12-month low of $37.21 and a 12-month high of $86.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.31 and a quick ratio of 1.36.

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) last posted its quarterly earnings data on Thursday, December 7th. The medical instruments supplier reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. The business had revenue of $212.80 million for the quarter, compared to analyst estimates of $207.72 million. ProShares UltraShort DJ-UBS Commodity had a return on equity of 16.70% and a net margin of 9.02%. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.51 earnings per share.

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Tuesday, January 16th.

A number of analysts have weighed in on the company. Zacks Investment Research raised ProShares UltraShort DJ-UBS Commodity from a “hold” rating to a “buy” rating and set a $124.00 price target for the company in a research report on Wednesday. Raymond James Financial raised ProShares UltraShort DJ-UBS Commodity from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a research report on Wednesday, January 3rd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a research report on Thursday, December 7th.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/01/19/proshares-ultrashort-dj-ubs-commodity-cmd-director-mark-n-diker-sells-5000-shares.html.

ProShares UltraShort DJ-UBS Commodity Company Profile

ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.

Insider Buying and Selling by Quarter for ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD)

Receive News & Ratings for ProShares UltraShort DJ-UBS Commodity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort DJ-UBS Commodity and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply