Delta Dunia Makmur (DOID) has reached a significant milestone, hitting a 52-week high of $775. This achievement marks a notable uptick in the company's performance, reflecting a robust upward trend in its stock value.
Over the past year, DOID has seen a remarkable increase in its stock price, with a 1-year change of 93.47%. This impressive growth rate underscores the company's strong financial performance and its ability to generate substantial returns for its shareholders. The recent 52-week high of $775 further cements DOID's position as a strong player in its industry, demonstrating its resilience and potential for future growth.
InvestingPro Insights
Delta Dunia Makmur's (DOID) recent surge to a 52-week high is backed by a series of positive metrics that highlight the company's financial strength. With a market capitalization of $330.62 million, the company exhibits a healthy size in its market segment. The P/E ratio, a measure of a company's current share price relative to its per-share earnings, stands at an attractive 11.85 when adjusted for the last twelve months as of Q1 2024, suggesting reasonable valuation levels relative to earnings.
Investors are also eyeing the company's revenue growth, which has seen an increase of 13.43% over the last twelve months as of Q1 2024. This growth is a testament to the company's ability to expand its business effectively. Additionally, DOID's strong price performance is evident with a 1-week total return of 17.19% and an even more impressive 1-month total return of 48.4%, indicating significant investor confidence and market momentum.
Among the InvestingPro Tips, two particularly stand out for Delta Dunia Makmur: Management's aggressive share buybacks indicate a belief in the company's value, and the expectation of net income growth this year suggests a positive outlook for profitability. These tips, along with others, can be further explored on InvestingPro, with a total of 15 additional tips available for DOID. Interested readers can delve deeper into these insights and make more informed investment decisions by using the exclusive coupon code PRONEWS24 to get up to 10% off a yearly Pro and a yearly or biyearly Pro+ subscription.
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