Desktop Metal with ticker code (DM) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 22 and 8 calculating the mean target price we have 14.8. With the stocks previous close at 7.77 this would imply there is a potential upside of 90.5%. The 50 day moving average now sits at 8.14 while the 200 day moving average is 11.7. The market cap for the company is $2,041m. Visit the company website at: http://www.desktopmetal.com
Desktop Metal manufactures and sells additive manufacturing solutions for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a turnkey binder jetting platform for machine and job shops; Studio System, an office metal 3D printing system; and Fiber, a desktop 3D printer. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is headquartered in Burlington, Massachusetts.
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