In a recent bid Dolphin Entertainment Inc. [DLPN] faced a contemporary bid of $0.68 yielding a 6.90% incline where 1.73 million shares have exchanged hands over the last week. DLPN amount got a boost by 3.43% or $0.02 versus $0.66 at the end of the prior session. This change led market cap to move at 22.45M, putting the price 109.52% below the 52-week high and -72.50% above the 52-week low. The company’s stock has a normal trading capacity of 1.73 million shares while the relative volume is 2.78.

On 16, November 2020, Dolphin Entertainment Q3 2020 Revenue Increases 23% From Q2 2020, And 7% Year Over Year, to $6.4 Million. According to news published on Yahoo Finance, NEW YORK, NY and LOS ANGELES, CA / ACCESSWIRE / November 16, 2020 / Dolphin Entertainment, Inc. (NASDAQ:DLPN), a leading independent entertainment marketing and production company, reports its operating results for the three months ended September 30, 2020.

Analyst Birdseye View:

Before that, on January 03, 2019, Maxim Group Recapitulated a Buy rating and elevated its amount target to $4.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.33 and a peak of $2.49. Right now, according to Wall Street analyst the average 12-month amount target is $1.90. At the most recent market close, shares of Dolphin Entertainment Inc. [NASDAQ:DLPN] were valued at $0.68.

FUNDAMENTAL ANALYSIS

Dolphin Entertainment Inc. [NASDAQ:DLPN] most recently reported quarterly sales of 5.19 billion, which represented growth of -17.50%. This publicly-traded organization’s revenue is $157,244 per employee, while its income is -$7,506 per employee. This company’s Gross Margin is currently 84.80%, its Operating Margin is -3.00%, its Pretax Margin is -6.45, and its Net Margin is -4.77. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.96, -11.66, -14.46 and -7.50 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 67.19 and the whole liability to whole assets at 46.60. It shows enduring liability to the whole principal at 31.73 and enduring liability to assets at 0.22 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.6523 points at 1st support level, the second support level is making up to 0.6199. But as of 1st resistance point, this stock is sitting at 0.7150 and at 0.7453 for 2nd resistance point.

Dolphin Entertainment Inc. [DLPN] reported its earnings at $0 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.06/share signifying the difference of 0.06 and 100.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.12 calling estimates for -$0.08/share with the difference of -0.04 depicting the surprise of -50.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Dolphin Entertainment Inc. [NASDAQ:DLPN] is 0.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.13. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.60 and it’s amount to book ratio is 1.29.

Insider Stories

The most recent insider trade was by Famadas Nelson, Director, and it was the purchase of 681.0 shares on Sep 08. Famadas Nelson, the Director, completed a sale of 5.0 shares on Aug 27. On Dec 06, Stanham Nicholas, Director, completed a purchase of 10000.0 shares.