Determine (DTRM) Stock Rating Lowered by B. Riley

Determine (NASDAQ:DTRM) was downgraded by research analysts at B. Riley to a “hold” rating in a report issued on Friday. They presently have a $2.00 price objective on the technology company’s stock. B. Riley’s target price would suggest a potential upside of 29.87% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. ValuEngine raised shares of Determine from a “hold” rating to a “buy” rating in a research report on Saturday, June 2nd. Zacks Investment Research lowered shares of Determine from a “hold” rating to a “sell” rating in a research report on Tuesday, July 3rd.

Shares of Determine opened at $1.54 on Friday, Marketbeat.com reports. Determine has a one year low of $1.20 and a one year high of $2.43. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.51. The company has a market cap of $20.95 million, a P/E ratio of -2.91 and a beta of 1.78.

Determine (NASDAQ:DTRM) last issued its quarterly earnings results on Thursday, August 9th. The technology company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.01). Determine had a negative return on equity of 102.67% and a negative net margin of 35.38%. research analysts anticipate that Determine will post -0.68 EPS for the current year.

About Determine

Determine, Inc provides software-as-a-service source-to-pay and enterprise contract lifecycle management (ECLM) solutions. The company offers Determine Cloud Platform, an open technology infrastructure for application in strategic sourcing, contract management, e-procurement, invoice management, financial management, supplier management, business, ECLM, and analytics.

See Also: Marijuana Stocks Investing Considerations

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

Leave a Reply