Shares of DoubleDown Interactive Co Ltd (DDI, Financial) fell 4.84% in mid-day trading on Oct 2. The stock reached an intraday low of $14.81, before recovering slightly to $14.94, down from its previous close of $15.70. This places DDI 10.81% below its 52-week high of $16.75 and 114.96% above its 52-week low of $6.95. Trading volume was 14,755 shares, 36.4% of the average daily volume of 40,484. Wall Street Analysts Forecast Based on the one-year price targets offered by 4 analysts, the average target price ...

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) shares rallied 11.9% in the last trading session to close at $16.50. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.3% gain over the past four weeks. The addition of new meta features to its flagship app, including DoubleDown Casino, appears to be driving positive investor sentiment. This company is expected to post quarterly earnings of $0.55 per share ...

SEATTLE, Sept. 30, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a planned donation of $10,000 to the American Cancer Society (ACS) in honor of Breast Cancer Awareness Month. DoubleDown Casino, which is played daily by millions of fans worldwide on both desktop and mobile devices, will invite players to engage with and show support for the charitable donation ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

Shares of DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) have gained 26.6% over the past four weeks to close the last trading session at $14.56, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $20.08 indicates a potential upside of 37.9%. The mean estimate comprises three short-term price targets with a standard deviation of $5.20. While the lowest estimate of $16.25 indica ...

A spate of positive economic data released over the past couple of weeks has alleviated fears of a recession in the near term. Consumer sentiment, which was on the decline following concerns that the economy was slowing down due to high inflation, has also rebounded sharply in August. The University of Michigan's preliminary consumer sentiment index rose to 67.8 in August from the final reading of 66.4 in July. This was also above the consensus estimate of a reading of 66.9. The survey's outlook for inflati ...

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trend ...

Shares of DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) have gained 1.8% over the past four weeks to close the last trading session at $12.16, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $19.31 indicates a potential upside of 58.8%. The average comprises four short-term price targets ranging from a low of $16.25 to a high of $26, with a standard deviation of $4.52. Whi ...

文章核心观点 - 公司第二季度业绩表现出色,收益和收入超出市场预期,同比增长 [1][2][4][5] - 公司社交赌场业务增长,以及旗舰应用程序DoubleDown Casino中新元功能的协同效应推动了业绩增长 [2][6] - 公司在用户获取和研发支出方面的严格管控以及其他有效的运营方法提升了利润 [3] - 公司未来将专注于进一步提高玩家的变现能力,同时评估有机和非有机增长机会以提升增长前景和创造股东价值 [3] 公司经营情况 - 公司第二季度每股收益为0.67美元,超出市场预期0.48美元 [4] - 公司收入为8820万美元,超出市场预期8400万美元,同比增长17.3% [5] - 公司社交赌场/免费游戏的每日活跃用户平均收入(ARPDAU)从1.05美元增长到1.33美元 [6] - 公司社交赌场/免费游戏的平均每付费用户月收入增长22.6%至288美元 [6] 财务状况 - 公司调整后EBITDA从2760万美元增长至3700万美元,EBITDA利润率从36.7%扩大至41.9% [7] - 公司总运营费用从4770万美元增长至5200万美元,主要是由于管理费用和折旧摊销费用的增加 [8] - 公司现金及现金等价物从2023年12月31日的2.069亿美元增长至2.692亿美元 [9] - 公司前6个月经营活动产生的净现金流为6930万美元,去年同期为净流出3760万美元 [10]