Dime Community Bancshares Inc (DCOM) is 15.82% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Dime Community Bancshares Inc (NASDAQ: DCOM) was -2.56% drop from the session before settling in for the closing price of $34.43. A 52-week range for DCOM has been $17.29 – $35.21.

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Annual sales at Financial sector company grew by 30.45% over the past five years. When this article was written, the company’s average yearly earnings per share was at -42.25%. With a float of $36.97 million, this company’s outstanding shares have now reached $38.82 million.

Let’s look at the performance matrix of the company that is accounted for 851 employees. In terms of profitability, gross margin is 109.23%, operating margin of 16.69%, and the pretax margin is 15.75%.

Dime Community Bancshares Inc (DCOM) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dime Community Bancshares Inc stocks. The insider ownership of Dime Community Bancshares Inc is 5.56%, while institutional ownership is 77.34%. The most recent insider transaction that took place on Jan 31 ’24, was worth 622,564. In this transaction Director-by-Deputization of this company bought 27,068 shares at a rate of $23.00, taking the stock ownership to the 1,015,221 shares. Before that another transaction happened on Jan 31 ’24, when Company’s Director-by-Deputization sold 27,068 for $22.98, making the entire transaction worth $622,023. This insider now owns 1,010,678 shares in total.

Dime Community Bancshares Inc (DCOM) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.39 earnings per share (EPS) during the time that was less than consensus figure (set at 0.47) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -42.25% per share during the next fiscal year.

Dime Community Bancshares Inc (NASDAQ: DCOM) Trading Performance Indicators

You can see what Dime Community Bancshares Inc (DCOM) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.67 in one year’s time.

Technical Analysis of Dime Community Bancshares Inc (DCOM)

Dime Community Bancshares Inc (NASDAQ: DCOM) saw its 5-day average volume 0.57 million, a positive change from its year-to-date volume of 0.23 million. As of the previous 9 days, the stock’s Stochastic %D was 77.22%. Additionally, its Average True Range was 1.36.

During the past 100 days, Dime Community Bancshares Inc’s (DCOM) raw stochastic average was set at 90.09%, which indicates a significant increase from 72.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.18% in the past 14 days, which was higher than the 48.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.97, while its 200-day Moving Average is $22.42. Nevertheless, the first resistance level for the watch stands at $34.03 in the near term. At $34.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.88. If the price goes on to break the first support level at $33.19, it is likely to go to the next support level at $32.83. The third support level lies at $32.34 if the price breaches the second support level.

Dime Community Bancshares Inc (NASDAQ: DCOM) Key Stats

There are 39,150K outstanding shares of the company, which has a market capitalization of 1.31 billion. As of now, sales total 645,570 K while income totals 96,090 K. Its latest quarter income was 171,870 K while its last quarter net income were 13,330 K.