A share price of Dolphin Entertainment Inc. [DLPN] is currently trading at $1.46, up 4.29%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DLPN shares have gain 9.77% over the last week, with a monthly amount glided 6.57%, and seem to be holding up well over a long-time horizon.
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On 28, March 2024, Dolphin Entertainment Announces Record Quarterly Revenue of $12.0 Million and Adjusted Operating Income of $0.3 Million in Q4. In a post published today on Yahoo Finance, Expands TAM by entering multiple new verticals in Q4 2023, and 2024, highlighted by:.
From an analyst’s perspective:
Dolphin Entertainment Inc. [NASDAQ: DLPN] stock has seen the most recent analyst activity on August 02, 2021, when Maxim Group reiterated its Buy rating but kept the price target unchanged to $28 for it.
Dolphin Entertainment Inc. experienced fluctuations in its stock price throughout the past year between $0.95 and $2.48. Dolphin Entertainment Inc. [NASDAQ: DLPN] shares were valued at $1.46 at the most recent close of the market.
Analyzing the DLPN fundamentals
Trailing Twelve Months sales for Dolphin Entertainment Inc. [NASDAQ:DLPN] were 42.24M which represents 2.88% growth. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.62 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3867 points at the first support level, and at 1.3133 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5167, and for the 2nd resistance point, it is at 1.5733.
Dolphin Entertainment Inc. [DLPN] reported earnings per share of -$0.6 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.06/share, meaning a difference of -$0.54 and a surprise factor of -900.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2023 were -$0.23 per share as compared to estimates of -$0.09 per share, a difference of -$0.14 representing a surprise of -155.60%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dolphin Entertainment Inc. [NASDAQ:DLPN] is 1.09. Also, the Quick Ratio is 1.09, while the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 0.91.
Transactions by insiders
Recent insider trading involved O’Dowd William IV, Chief Executive Officer, that happened on Dec 05 ’23 when 4800.0 shares were purchased. Chief Executive Officer, O’Dowd William IV completed a deal on Dec 04 ’23 to buy 4000.0 shares. Meanwhile, Chief Executive Officer O’Dowd William IV bought 20000.0 shares on Nov 30 ’23.
