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DermTech NasdaqCM:DMTK Stock Report

Last Price

US$0.59

Market Cap

US$20.3m

7D

-0.9%

1Y

-81.5%

Updated

25 Apr, 2024

Data

Company Financials +

DMTK Stock Overview

DermTech, Inc., a molecular diagnostic company, engages in the development and marketing of novel non-invasive genomics tests to aid in the diagnosis and management of melanoma in the United States.

DMTK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DermTech, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for DermTech
Historical stock prices
Current Share PriceUS$0.59
52 Week HighUS$3.90
52 Week LowUS$0.58
Beta2.56
1 Month Change-9.94%
3 Month Change-54.62%
1 Year Change-81.47%
3 Year Change-98.61%
5 Year Changen/a
Change since IPO-89.31%

Recent News & Updates

We're A Little Worried About DermTech's (NASDAQ:DMTK) Cash Burn Rate

Mar 02
We're A Little Worried About DermTech's (NASDAQ:DMTK) Cash Burn Rate

Investors Don't See Light At End Of DermTech, Inc.'s (NASDAQ:DMTK) Tunnel And Push Stock Down 28%

Mar 02
Investors Don't See Light At End Of DermTech, Inc.'s (NASDAQ:DMTK) Tunnel And Push Stock Down 28%

Recent updates

We're A Little Worried About DermTech's (NASDAQ:DMTK) Cash Burn Rate

Mar 02
We're A Little Worried About DermTech's (NASDAQ:DMTK) Cash Burn Rate

Investors Don't See Light At End Of DermTech, Inc.'s (NASDAQ:DMTK) Tunnel And Push Stock Down 28%

Mar 02
Investors Don't See Light At End Of DermTech, Inc.'s (NASDAQ:DMTK) Tunnel And Push Stock Down 28%

Revenues Working Against DermTech, Inc.'s (NASDAQ:DMTK) Share Price

Dec 28
Revenues Working Against DermTech, Inc.'s (NASDAQ:DMTK) Share Price

Companies Like DermTech (NASDAQ:DMTK) Could Be Quite Risky

Sep 18
Companies Like DermTech (NASDAQ:DMTK) Could Be Quite Risky

Can DermTech (NASDAQ:DMTK) Afford To Invest In Growth?

Jun 14
Can DermTech (NASDAQ:DMTK) Afford To Invest In Growth?

Need To Know: The Consensus Just Cut Its DermTech, Inc. (NASDAQ:DMTK) Estimates For 2023

May 10
Need To Know: The Consensus Just Cut Its DermTech, Inc. (NASDAQ:DMTK) Estimates For 2023

DermTech, Inc. (NASDAQ:DMTK) Not Doing Enough For Some Investors As Its Shares Slump 37%

May 06
DermTech, Inc. (NASDAQ:DMTK) Not Doing Enough For Some Investors As Its Shares Slump 37%

We're Keeping An Eye On DermTech's (NASDAQ:DMTK) Cash Burn Rate

Jan 16
We're Keeping An Eye On DermTech's (NASDAQ:DMTK) Cash Burn Rate

Analyst Forecasts Just Became More Bearish On DermTech, Inc. (NASDAQ:DMTK)

Nov 08
Analyst Forecasts Just Became More Bearish On DermTech, Inc. (NASDAQ:DMTK)

Will DermTech (NASDAQ:DMTK) Spend Its Cash Wisely?

Oct 11
Will DermTech (NASDAQ:DMTK) Spend Its Cash Wisely?

DermTech grants stock options

Oct 11

Diving Into DermTech

Sep 01

Earnings Release: Here's Why Analysts Cut Their DermTech, Inc. (NASDAQ:DMTK) Price Target To US$23.80

Aug 10
Earnings Release: Here's Why Analysts Cut Their DermTech, Inc. (NASDAQ:DMTK) Price Target To US$23.80

DermTech: Approaching An All Or Nothing Moment

Jun 13

We're Keeping An Eye On DermTech's (NASDAQ:DMTK) Cash Burn Rate

Jun 04
We're Keeping An Eye On DermTech's (NASDAQ:DMTK) Cash Burn Rate

DermTech - Taking A Second Look At The Growth Thesis

Mar 31

DermTech: Adoption Headwinds And Earnings Misses

Dec 23

Companies Like DermTech (NASDAQ:DMTK) Are In A Position To Invest In Growth

Dec 02
Companies Like DermTech (NASDAQ:DMTK) Are In A Position To Invest In Growth

DermTech - Game Changer, Set To Become The Leader In Skin Diagnostics

Sep 15

We Think DermTech (NASDAQ:DMTK) Can Afford To Drive Business Growth

Sep 03
We Think DermTech (NASDAQ:DMTK) Can Afford To Drive Business Growth

DermTech: Transforming The Melanoma Diagnosis Landscape

Aug 31

DermTech: Becoming More Appealing, Despite Nosebleed Valuation

Aug 09

DermTech appoints former Myriad Genetics executive as new chief medical officer

Jun 16

We're Not Very Worried About DermTech's (NASDAQ:DMTK) Cash Burn Rate

Jun 05
We're Not Very Worried About DermTech's (NASDAQ:DMTK) Cash Burn Rate

DermTech initiated buy at BTIG on the potential of PLA test

May 03

DermTech rises 18% on report Cigna covering early melanoma detection test

Apr 27

Shareholder Returns

DMTKUS BiotechsUS Market
7D-0.9%0.4%1.0%
1Y-81.5%0.9%21.9%

Return vs Industry: DMTK underperformed the US Biotechs industry which returned 0.7% over the past year.

Return vs Market: DMTK underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is DMTK's price volatile compared to industry and market?
DMTK volatility
DMTK Average Weekly Movement12.7%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: DMTK's share price has been volatile over the past 3 months.

Volatility Over Time: DMTK's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a207Bret Christensenwww.dermtech.com

DermTech, Inc., a molecular diagnostic company, engages in the development and marketing of novel non-invasive genomics tests to aid in the diagnosis and management of melanoma in the United States. The company provides DermTech Melanoma Test (DMT), an innovative non-invasive way to enhance melanoma detection for developing product for non-melanoma skin cancers. It also offers DermTech Smart Sticker, which provides a non-invasively way to collect skin sample including standard care by using scalpel to biopsy suspicious lesions.

DermTech, Inc. Fundamentals Summary

How do DermTech's earnings and revenue compare to its market cap?
DMTK fundamental statistics
Market capUS$20.27m
Earnings (TTM)-US$100.89m
Revenue (TTM)US$15.30m

1.3x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DMTK income statement (TTM)
RevenueUS$15.30m
Cost of RevenueUS$15.02m
Gross ProfitUS$276.00k
Other ExpensesUS$101.16m
Earnings-US$100.89m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.91
Gross Margin1.80%
Net Profit Margin-659.57%
Debt/Equity Ratio0%

How did DMTK perform over the long term?

See historical performance and comparison
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