From Top to Bottom on Dataram Corp. (NASDAQ:DRAM)

1377

Dataram Corporation (NASDAQ:DRAM)‘s shares have oscillated between a high of $-82.74% and a low of $8.02% over the last 12 months.

For the last 50 days, the stock has risen to a peak price of $-41.67% and hit a bottom of $-10.03%.

The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend. The market is in highly oversold territory. Beware of a trend reversal.

Recently, US Gold Corp. (NASDAQ:DRAM) today announced the completion of the previously announced merger with Dataram Corporation. The combined company will continue to trade on NASDAQ with the symbol DRAM. As previously announced, on April 6, 2017 Dataram shareholders approved the merger with US Gold Corp. The final merger was subject to the satisfaction of customary closing and deliverables and all closing conditions have been met. With the closing, Dataram will acquire a portfolio of resource development and exploration projects, with a focus on gold exploration.

On moving volumes measurements, the stock?s 20-Day Simple Moving Average price is $-25.17%, 50-Day Simple Moving Average is $-25.82% and 200-Day Simple Moving Average is $-32.25%.

The stock is now moved -60.23% for the year. Over the last six months it has moved -7.89%, compared with a movement of -36.59% for the quarter, -25.85% for the month and -22.91% for the week.

The average volume, usually a measurement of three months average, is 43.58K. Relative volume on the other hand is 1.91. In total, Dataram Corporation has 1.40M shares outstanding, with 1.04M of them being free float shares.

The stock?s short float stands at 14.80%, working out to a short ratio of 3.53.

Institutional investors own 1.60% of Dataram Corporation’s equity, while insiders own 8.20% of the stock. In the last couple of months, the stock has seen -28.66% institutional investor transactions, compared to 0.00% insider transactions.

How have the investors seen their investment in the stock change? Dataram Corporation’s return on equity for the trailing 12 months is -249.80% and return on investments for a similar period calculates to -152.60%. The company posted return on assets of -49.60% for the same trailing 12 months period.

Does Dataram Corporation have the ability to keep its doors open ? at least over the short-term? The company’s current ratio at the end of the most recent quarter was 1.40, while quick ratio for the same period was 0.90.

 

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