DoubleDown Interactive Co., Ltd. (NASDAQ:DDI – Get Rating) shares traded down 6% during trading on Monday . The stock traded as low as $11.41 and last traded at $11.41. 200 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 13,032 shares. The stock had previously closed at $12.14.
Separately, Zacks Investment Research downgraded DoubleDown Interactive from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 11th.
The company’s 50-day simple moving average is $12.41. The company has a debt-to-equity ratio of 0.05, a quick ratio of 13.01 and a current ratio of 13.01.
A number of large investors have recently modified their holdings of DDI. B. Riley Financial Inc. acquired a new stake in DoubleDown Interactive in the 3rd quarter valued at about $33,500,000. Glaxis Capital Management LLC acquired a new stake in DoubleDown Interactive in the 3rd quarter valued at about $792,000. Alta Fundamental Advisers LLC acquired a new stake in DoubleDown Interactive in the 3rd quarter valued at about $2,642,000. Precept Management LLC acquired a new stake in DoubleDown Interactive in the 3rd quarter valued at about $652,000. Finally, CSS LLC IL acquired a new stake in DoubleDown Interactive in the 3rd quarter valued at about $268,000. Institutional investors and hedge funds own 10.43% of the company’s stock.
About DoubleDown Interactive (NASDAQ:DDI)
DoubleDown Interactive Co, Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Ellen's Road to Riches games. Its games are primarily distributed, marketed, and promoted through third party platform providers.
- Get a free copy of the StockNews.com research report on DoubleDown Interactive (DDI)
- Banking On Bank Of America
- Major Shareholder Bets Big On Nielson Holdings plc
- Tapestry Stock is a Value Play Down Here
- Levi Straus Stock Ready to Buy the Dip
- Bed Bath & Beyond Stock Ready to Scale Into
Receive News & Ratings for DoubleDown Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleDown Interactive and related companies with MarketBeat.com's FREE daily email newsletter.