Demand Media Inc (DMD) was Initiated by ROTH Capital to “Buy”. ROTH Capital advised their investors in a research report released on Jun 29, 2016.
On the company’s financial health, Demand Media Inc reported $-0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 9, 2016. Analyst had a consensus of $-0.30. The company had revenue of $26.96 million for the quarter, compared to analysts expectations of $28.74 million. The company’s revenue was down -18.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.16 EPS.
Demand Media Inc closed down -0.19 points or -3.59% at $5.1 with 83,912 shares getting traded on Monday. Post opening the session at $5.2, the shares hit an intraday low of $5.1 and an intraday high of $5.25 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Jun 16, 2015, Sean P Moriarty (CEO) purchased 40,000 shares at $6.23 per share price.
Demand Media Inc. is an Internet company. The Company operates an online studio platform for the professional creation and distribution of content as well as two online artist marketplaces. Its business comprises two service offerings: Content & Media and Marketplaces. It creates media content including text articles videos photographs and designed visual formats. It also offers its content creation and distribution platform to provide custom content and other content marketing solutions to brands publishers and advertisers. Its Content & Media service offering includes an online content creation platform that publishes content to its owned and operated online properties. Through its Marketplaces service offering it operates two artist marketplaces where communities of artists market and sell original artwork or original designs printed on a variety of products. Society6.com (Society6) provides an online commerce platform to feature and sell original designs.