Research analysts at Maxim Group began coverage on shares of Dolphin Entertainment (NASDAQ:DLPN) in a report issued on Friday, MarketBeat.com reports. The firm set a “buy” rating and a $6.00 price target on the stock. Maxim Group’s price objective would indicate a potential upside of 81.82% from the company’s current price.
Shares of Dolphin Entertainment (NASDAQ:DLPN) opened at $3.30 on Friday. Dolphin Entertainment has a 1-year low of $2.04 and a 1-year high of $11.99. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.17.
Dolphin Entertainment (NASDAQ:DLPN) last announced its earnings results on Friday, November 17th. The company reported $0.44 earnings per share for the quarter.
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Dolphin Entertainment Company Profile
Dolphin Entertainment, Inc, formerly Dolphin Digital Media, Inc, is an independent entertainment marketing and premium content development company. The Company produces digital programming for online consumption. The Company operates through two segments: Entertainment Publicity Division (EPD) and Content Production Division (CPD).
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