Zacks Investment Research Downgrades Doma (NYSE:DOMA) to Sell
Doma (NYSE:DOMA – Get Rating) was downgraded by Zacks Financial commitment Study from a “hold” ranking to a “sell” rating in a report launched on Tuesday, Zacks.com reports.
In accordance to Zacks, “Doma Holdings Inc. is using device intelligence and its proprietary technological know-how options for true estate closing expertise for current and potential house owners, creditors, title brokers, and genuine estate experts. Doma Holdings Inc., formerly regarded as Capitol Investment decision Corp. V, is based in SAN FRANCISCO. “
A variety of other investigation firms also a short while ago issued studies on DOMA. DA Davidson dropped their price target on Doma from $7.00 to $6.00 and set a “buy” score on the stock in a research take note on Tuesday, April 12th. Oppenheimer downgraded Doma from an “outperform” rating to a “market perform” score in a exploration note on Monday, Could 16th. Ultimately, BTIG Research initiated coverage on Doma in a research observe on Wednesday, February 2nd. They issued a “neutral” score on the inventory. A person analyst has rated the inventory with a provide score, two have assigned a maintain rating and 3 have presented a invest in rating to the company. According to MarketBeat.com, the stock has a consensus score of “Hold” and a consensus price tag focus on of $10.50.
DOMA remained flat at $$1.77 in the course of trading on Tuesday. The company’s inventory experienced a buying and selling volume of 1,574,716 shares, in comparison to its common quantity of 1,515,957. The business’s 50-working day transferring average is $1.95 and its 200 day shifting common is $3.61. Doma has a 1-year low of $1.28 and a 1-calendar year large of $10.00. The business has a market cap of $573.31 million, a PE ratio of -.74 and a beta of 1.02.
In other Doma information, Director Mark Ein ordered 332,970 shares of the firm’s inventory in a transaction on Wednesday, February 23rd. The shares had been acquired at an common value of $2.40 for every share, with a full worth of $799,128.00. The purchase was disclosed in a doc filed with the Securities & Trade Commission, which can be accessed by way of the SEC internet site.
A number of hedge resources have a short while ago modified their holdings of DOMA. ETF Supervisors Group LLC bought a new placement in Doma in the fourth quarter well worth about $25,000. Penserra Cash Management LLC acquired a new posture in Doma in the third quarter well worth about $59,000. Credit history Suisse AG obtained a new place in Doma in the 3rd quarter really worth about $81,000. Ensign Peak Advisors Inc ordered a new place in Doma in the fourth quarter value about $56,000. Ultimately, Squarepoint Ops LLC obtained a new situation in Doma in the fourth quarter value about $59,000. 55.82% of the stock is now owned by hedge cash and other institutional traders.
Doma Firm Profile (Get Rating)
Doma Holdings Inc originates, underwrites, and delivers title, escrow, and settlement expert services to homeowners, loan companies, title agents, and actual estate professionals. It operates as a result of two segments, Distribution and Underwriting. The enterprise also engages in title insurance policies underwriting company, which includes policies referred by its direct brokers and third-occasion agents’ channels and supplies companies in the areas of obtain and refinance transactions in the household true estate marketplace.
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