Dynamic Materials (BOOM) is trading 9% higher at $26.22 today. Shares of the stock are quickly outrunning other names in the space on what is turning out to be a bullish day for the Energy sector.
The company had an earnings call 2 weeks ago where they had a strong earnings beat. They reported an EPS of $0.29, revenue of $165.83M, and a revenue beat of by $18.73M. The positive news comes at a time when investors are looking for strong names in a turbulent energy sector.
Dynamic Materials has been trading between a 52-week high of $47.46 and a 52-week low of $15.87. The stock has a market cap of $512 Million.
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