Several other research firms have also recently issued reports on DTRM. ValuEngine cut Determine from a hold rating to a sell rating in a report on Saturday, July 22nd. B. Riley restated a buy rating and set a $3.50 price objective on shares of Determine in a report on Monday, November 6th.
Determine (NASDAQ DTRM) traded down $0.07 during trading on Friday, reaching $2.23. The company’s stock had a trading volume of 25,900 shares, compared to its average volume of 29,443. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.84. Determine has a one year low of $1.58 and a one year high of $3.93.
Determine (NASDAQ:DTRM) last released its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.10) earnings per share for the quarter, hitting the consensus estimate of ($0.10). The company had revenue of $6.89 million during the quarter, compared to the consensus estimate of $6.77 million. Determine had a negative return on equity of 88.32% and a negative net margin of 30.72%. Determine’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.28) earnings per share. research analysts anticipate that Determine will post -0.46 EPS for the current year.
TRADEMARK VIOLATION WARNING: This piece was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.chaffeybreeze.com/2017/11/13/determine-inc-dtrm-downgraded-to-hold-at-maxim-group.html.
In other news, CEO Patrick Stakenas bought 16,000 shares of Determine stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average price of $1.75 per share, for a total transaction of $28,000.00. Following the completion of the acquisition, the chief executive officer now owns 879,009 shares of the company’s stock, valued at $1,538,265.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 34,500 shares of company stock worth $60,165 in the last quarter. 9.96% of the stock is owned by insiders.
Institutional investors have recently modified their holdings of the stock. Susquehanna International Group LLP acquired a new position in Determine in the second quarter valued at $203,000. Renaissance Technologies LLC boosted its holdings in Determine by 24.5% in the first quarter. Renaissance Technologies LLC now owns 149,814 shares of the technology company’s stock valued at $509,000 after acquiring an additional 29,500 shares during the last quarter. Finally, AWM Investment Company Inc. boosted its holdings in Determine by 103.2% in the second quarter. AWM Investment Company Inc. now owns 1,455,220 shares of the technology company’s stock valued at $3,871,000 after acquiring an additional 739,000 shares during the last quarter. Hedge funds and other institutional investors own 23.43% of the company’s stock.
Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
Receive News & Ratings for Determine Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Determine Inc. and related companies with MarketBeat.com's FREE daily email newsletter.