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.
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.
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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.
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