DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Shares Bought by Aristides Capital LLC

Aristides Capital LLC lifted its position in DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) by 26.4% in the 4th quarter, HoldingsChannel reports. The firm owned 32,714 shares of the company’s stock after purchasing an additional 6,841 shares during the quarter. Aristides Capital LLC’s holdings in DoubleDown Interactive were worth $342,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC acquired a new position in DoubleDown Interactive in the 3rd quarter worth approximately $2,026,000. Boston Partners purchased a new stake in shares of DoubleDown Interactive in the 4th quarter valued at $354,000. Raymond James Financial Inc. acquired a new stake in shares of DoubleDown Interactive in the fourth quarter worth $153,000. Trexquant Investment LP purchased a new position in shares of DoubleDown Interactive during the fourth quarter worth $106,000. Finally, Heck Capital Advisors LLC acquired a new position in DoubleDown Interactive during the fourth quarter valued at $76,000.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wedbush reiterated an “outperform” rating and set a $21.00 price objective on shares of DoubleDown Interactive in a research note on Wednesday, February 12th. Northland Securities reduced their price target on DoubleDown Interactive from $21.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Finally, B. Riley started coverage on DoubleDown Interactive in a research report on Tuesday, February 25th. They issued a “buy” rating and a $23.00 price objective on the stock.

DoubleDown Interactive Trading Down 2.8 %

Shares of DoubleDown Interactive stock opened at $9.46 on Monday. DoubleDown Interactive Co., Ltd. has a fifty-two week low of $9.06 and a fifty-two week high of $18.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 21.25 and a current ratio of 19.38. The company has a market cap of $468.77 million, a P/E ratio of 3.77 and a beta of 0.89. The firm has a 50-day simple moving average of $9.98 and a two-hundred day simple moving average of $12.03.

DoubleDown Interactive Company Profile

DoubleDown Interactive Co, Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips.