dMY Technology Group Inc. (DMYT) saw downtrend of -4.75% in the recent, registering $11.62 being its most recent bid. The distance of current price level is -19.19% lower than the highest price of $14.38 marked by the stock while trading over the past 52-weeks, whereas it is 22.19% higher than the lowest price of $9.51 the company dropped to over past 52-weeks. The latest news story on DMYT appeared in Yahoo Finance Video under the title “Rush Street Interactive CEO weighs in on going public via SPAC” on Oct-23-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -14.12% below one month high and is +5.64% above of the lowest during that time. Looking into the simple moving average, dMY Technology Group Inc. (DMYT)’s stock is currently standing at a SMA-50 of $12.19 while that of 5-day is reading $12.50.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 28.75 million of DMYT’s outstanding shares. That indicates a holding of about 52.70% of worth by institutional holders in the company.
As on Jun 29, 2020, Millennium Management LLC was the top most holder in dMY Technology Group Inc. (NYSE:DMYT) with an ownership of 1.3 million shares of the company or 5.65% of the stake worth $13.04 million. The filing also reveals UBS O’Connor LLC as the second largest holder in the company with a control over 4.13% of the stake or worth of $9.53 million for having 0.95 million shares in hand.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the dMY Technology Group Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for DMYT. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock. Lower value of between 1 and 2 implies a Buy recommendation whereas the value in the range of above 4 suggests Hold while below 1 recommends the investors to Sell the stock. Currently, the stock has been recommended as Moderate Buy by 1 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, dMY Technology Group Inc. has a debt to equity ratio of 0.00.