Zacks Investment Research Downgrades Doma (NYSE:DOMA) to Sell
Doma (NYSE:DOMA – Get Score) was downgraded by Zacks Financial commitment Investigate from a “hold” ranking to a “sell” rating in a report introduced on Tuesday, Zacks.com reports.
In accordance to Zacks, “Doma Holdings Inc. is applying device intelligence and its proprietary technological innovation remedies for authentic estate closing experience for latest and potential house owners, loan companies, title brokers, and authentic estate gurus. Doma Holdings Inc., formerly known as Capitol Investment decision Corp. V, is based mostly in SAN FRANCISCO. “
A variety of other analysis firms also recently issued reviews on DOMA. DA Davidson dropped their cost goal on Doma from $7.00 to $6.00 and established a “buy” rating on the stock in a exploration observe on Tuesday, April 12th. Oppenheimer downgraded Doma from an “outperform” ranking to a “market perform” ranking in a exploration observe on Monday, May possibly 16th. Eventually, BTIG Research initiated coverage on Doma in a analysis note on Wednesday, February 2nd. They issued a “neutral” score on the stock. A person analyst has rated the stock with a sell score, two have assigned a maintain ranking and three have specified a acquire rating to the organization. In accordance to MarketBeat.com, the inventory has a consensus score of “Hold” and a consensus selling price goal of $10.50.
DOMA remained flat at $$1.77 for the duration of trading on Tuesday. The company’s inventory experienced a buying and selling quantity of 1,574,716 shares, in comparison to its common quantity of 1,515,957. The business’s 50-working day transferring common is $1.95 and its 200 working day relocating common is $3.61. Doma has a 1-year lower of $1.28 and a 1-yr high 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 purchased 332,970 shares of the firm’s stock in a transaction on Wednesday, February 23rd. The shares had been obtained at an common price tag of $2.40 per share, with a full benefit of $799,128.00. The buy was disclosed in a doc filed with the Securities & Exchange Commission, which can be accessed via the SEC website.
Quite a few hedge funds have not long ago modified their holdings of DOMA. ETF Professionals Team LLC ordered a new place in Doma in the fourth quarter worthy of about $25,000. Penserra Capital Management LLC acquired a new position in Doma in the third quarter value about $59,000. Credit history Suisse AG ordered a new place in Doma in the 3rd quarter really worth about $81,000. Ensign Peak Advisors Inc bought a new position in Doma in the fourth quarter value about $56,000. Eventually, Squarepoint Ops LLC obtained a new posture in Doma in the fourth quarter worthy of about $59,000. 55.82% of the stock is at present owned by hedge resources and other institutional traders.
Doma Business Profile (Get Rating)
Doma Holdings Inc originates, underwrites, and supplies title, escrow, and settlement expert services to home owners, lenders, title brokers, and genuine estate specialists. It operates by two segments, Distribution and Underwriting. The company also engages in title insurance policy underwriting business enterprise, together with procedures referred via its immediate agents and third-social gathering agents’ channels and delivers services in the places of invest in and refinance transactions in the residential authentic estate industry.
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