Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Dolphin Entertainment Inc before investing.
In this article, we go over a few key elements for understanding Dolphin Entertainment Inc’s stock price such as:
- Dolphin Entertainment Inc’s current stock price and volume
- Why Dolphin Entertainment Inc’s stock price changed recently
- Upgrades and downgrades for DLPN from analysts
- DLPN’s stock price momentum as measured by its relative strength
About Dolphin Entertainment Inc 
(DLPN)
Before we jump into Dolphin Entertainment Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.
Dolphin Entertainment, Inc., together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content. The Content Production segment produces and distributes feature films and digital content. In addition, it offers strategic marketing and publicity services to individuals and corporates in the entertainment, hospitality, and music industries; and marketing direction, public relations counsel, and media strategy for video game publishers, as well as eSports leagues and other entities in the gaming industry. The company was formerly known as Dolphin Digital Media, Inc. and changed its name to Dolphin Entertainment, Inc. in July 2017. The company was incorporated in 1995 and is headquartered in Coral Gables, Florida.
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Dolphin Entertainment Inc’s Stock Price as of Market Close
As of October 16, 2024, 3:48 PM, CST, Dolphin Entertainment Inc’s stock price was $1.45.
Dolphin Entertainment Inc is up 98.63% from its previous closing price of $0.73.
During the last market session, Dolphin Entertainment Inc’s stock traded between $0.62 and $0.75. Currently, there are 9.72 million shares of Dolphin Entertainment Inc stock available for purchase.
Unfortunately, Dolphin Entertainment Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.
Dolphin Entertainment Inc Stock Price History
Dolphin Entertainment Inc’s (DLPN) price is currently up 130.16% so far this month.
During the month of October, Dolphin Entertainment Inc’s stock price has reached a high of $1.52 and a low of $0.57.
Over the last year, Dolphin Entertainment Inc has hit prices as high as $1.99 and as low as $0.51. Year to date, Dolphin Entertainment Inc’s stock is down 19.89%.
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What Caused Dolphin Entertainment Inc 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 October 15, 2024, there were analysts who downgraded Dolphin Entertainment Inc’s stock and analysts who upgraded over the last month.
Additionally, you’ll want to evaluate Dolphin Entertainment Inc’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 Dolphin Entertainment Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.
Dolphin Entertainment Inc’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 Dolphin Entertainment Inc (DLPN) by visiting AAII Stock Evaluator.
Relative Price Strength of Dolphin Entertainment Inc
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 October 15, 2024, Dolphin Entertainment Inc has a weighted four-quarter relative price strength of 8.75%, which translates to a Momentum Score of 85 and is considered to be Very Strong.
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Dolphin Entertainment Inc Stock Price: Bottom Line
As of October 16, 2024, Dolphin Entertainment Inc’s stock price is $1.45, which is up 98.63% 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 Dolphin Entertainment Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company’s overall health.
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