Determine, Inc. (DTRM) Can’t Burn Your Short Portfolio. Just Reaches 52-Week Low

February 17, 2018 - By Louis Casey

The stock of Determine, Inc. (NASDAQ:DTRM) hit a new 52-week low and has $1.31 target or 9.00 % below today’s $1.44 share price. The 6 months bearish chart indicates high risk for the $21.45M company. The 1-year low was reported on Feb, 17 by If the $1.31 price target is reached, the company will be worth $1.93 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 2.86% or $0.04 during the last trading session, reaching $1.44. About 25,961 shares traded. Determine, Inc. (NASDAQ:DTRM) has risen 186.29% since February 17, 2017 and is uptrending. It has outperformed by 169.59% the S&P500.

Determine, Inc. (NASDAQ:DTRM) Ratings Coverage

Among 5 analysts covering Determine Inc (NASDAQ:DTRM), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Determine Inc had 5 analyst reports since October 26, 2015 according to SRatingsIntel. The stock of Determine, Inc. (NASDAQ:DTRM) earned “Buy” rating by FBR Capital on Friday, November 10. On Friday, November 11 the stock rating was upgraded by Lake Street to “Buy”. The firm earned “Buy” rating on Monday, October 26 by Needham. Maxim Group maintained the stock with “Buy” rating in Friday, June 9 report.

More notable recent Determine, Inc. (NASDAQ:DTRM) news were published by: which released: “Determine, Inc. Delivers Contract Lifecycle Management Thought Leadership in …” on January 24, 2018, also with their article: “Determine Announces 3rd Quarter Fiscal Year 2018 Financial Results” published on February 08, 2018, published: “Determine’s (DTRM) CEO Patrick Stakenas on Q3 2018 Results – Earnings Call …” on February 09, 2018. More interesting news about Determine, Inc. (NASDAQ:DTRM) were released by: and their article: “Determine, Inc. Redefines the Industry Standard With the Latest Determine …” published on January 29, 2018 as well as‘s news article titled: “Source-to-Pay Powerhouse Determine, Inc. and Customer Watermark Retirement …” with publication date: February 16, 2018.

Determine, Inc. provides software-as-a-service source-to-pay and enterprise contract lifecycle management solutions. The company has market cap of $21.45 million. The firm offers Determine Cloud Platform, an open technology infrastructure for application in strategic sourcing, contract management, e-procurement, invoice management, financial management, supplier management, business, ECLM, and analytics. It currently has negative earnings. It also provides SmartContracts, a solution for the controlling of contract processes from request, authoring, negotiation, approval, and e-signature through ongoing obligations management, analysis, reporting, and renewals; SmartSource, an enterprise scale solution to support the processes of supplier on-boarding, supplier selection, and on-going supplier management; and SmartAnalytics, which delivers business insights and executive reporting.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: