Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate DoubleDown Interactive Co Ltd (ADR) before investing.

In this article, we go over a few key elements for understanding DoubleDown Interactive Co Ltd (ADR)’s stock price such as:

• DoubleDown Interactive Co Ltd (ADR)’s current stock price and volume
• Why DoubleDown Interactive Co Ltd (ADR)’s stock price changed recently
• Upgrades and downgrades for DDI from analysts
• DDI’s stock price momentum as measured by its relative strength

About DoubleDown Interactive Co Ltd (ADR) (DDI)

Before we jump into DoubleDown Interactive Co Ltd (ADR)’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

DoubleDown Interactive Co Ltd is a Korea-based company principally engaged in the development and supply of online games. The Company mainly develops and supplies online and mobile games. The Company’s main products include DoubleDown Casino, DoubleDown Fort Knox, DoubleDown Classic, and Ellen’s Road to Riches. The Company operates its business in domestic and foreign markets such as the United States.

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DoubleDown Interactive Co Ltd (ADR)’s Stock Price as of Market Close

As of May 21, 2024, 3:59 PM, CST, DoubleDown Interactive Co Ltd (ADR)’s stock price was $13.00.

DoubleDown Interactive Co Ltd (ADR) is up 11.83% from its previous closing price of $11.63.

During the last market session, DoubleDown Interactive Co Ltd (ADR)’s stock traded between $11.46 and $12.00. Currently, there are 49.55 million shares of DoubleDown Interactive Co Ltd (ADR) stock available for purchase.

DoubleDown Interactive Co Ltd (ADR)’s price-earnings (P/E) ratio is currently at 5.7, which is low compared to the Casinos & Gaming industry median of 15.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

DoubleDown Interactive Co Ltd (ADR) Stock Price History

DoubleDown Interactive Co Ltd (ADR)’s (DDI) price is currently up 26.46% so far this month.

During the month of May, DoubleDown Interactive Co Ltd (ADR)’s stock price has reached a high of $13.00 and a low of $10.07.

Over the last year, DoubleDown Interactive Co Ltd (ADR) has hit prices as high as $15.96 and as low as $6.95. Year to date, DoubleDown Interactive Co Ltd (ADR)’s stock is up 53.85%.

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What Caused DoubleDown Interactive Co Ltd (ADR) Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 20, 2024, there were 0 analysts who downgraded DoubleDown Interactive Co Ltd (ADR)’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate DoubleDown Interactive Co Ltd (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on DoubleDown Interactive Co Ltd (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

DoubleDown Interactive Co Ltd (ADR)’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about DoubleDown Interactive Co Ltd (ADR) (DDI) by visiting AAII Stock Evaluator.

Relative Price Strength of DoubleDown Interactive Co Ltd (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 20, 2024, DoubleDown Interactive Co Ltd (ADR) has a weighted four-quarter relative price strength of -0.53%, which translates to a Momentum Score of 64 and is considered to be Strong.

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DoubleDown Interactive Co Ltd (ADR) Stock Price: Bottom Line

As of May 21, 2024, DoubleDown Interactive Co Ltd (ADR)’s stock price is $13.00, which is up 11.83% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like DoubleDown Interactive Co Ltd (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.