Does Daseke, Inc. (DSKE) Have Any Gas After Forming This Double Bottom Pattern?

September 8, 2018 - By Lisa Delgado

The chart of Daseke, Inc. (DSKE) shows a double bottom with $8.39 target or 3.00 % below today’s $8.65 share price. The 5 months chart pattern indicates high risk for the $557.45 million company. It was reported on Sep, 8 by Finviz.com. If the $8.39 price target is reached, the company will be worth $16.72M less. Double bottoms are rare but powerful chart patterns.

The stock increased 1.29% or $0.11 during the last trading session, reaching $8.65. About 305,141 shares traded. Daseke, Inc. (NASDAQ:DSKE) has declined 4.14% since September 8, 2017 and is downtrending. It has underperformed by 16.71% the S&P500.

Analysts await Daseke, Inc. (NASDAQ:DSKE) to report earnings on November, 8. They expect $0.04 EPS, up 233.33 % or $0.07 from last year’s $-0.03 per share. DSKE’s profit will be $2.58 million for 54.06 P/E if the $0.04 EPS becomes a reality. After $0.20 actual EPS reported by Daseke, Inc. for the previous quarter, Wall Street now forecasts -80.00 % negative EPS growth.

More important recent Daseke, Inc. (NASDAQ:DSKE) news were published by: Seekingalpha.com which released: “Daseke, Inc. (DSKE) CEO Don Daseke on Q2 2018 Results – Earnings Call Transcript” on August 13, 2018, also Globenewswire.com published article titled: “Daseke Sets August and September 2018 Investor Conference Schedule”, Benzinga.com published: “Stefanovich On Transport M&A: Plenty Of Buyers, Shortage Of Sellers” on September 04, 2018. More interesting news about Daseke, Inc. (NASDAQ:DSKE) was released by: Seekingalpha.com and their article: “Daseke: Loading Up For A Promising Second Half” with publication date: August 29, 2018.

Daseke, Inc. provides open deck specialized transportation services in North America. The company has market cap of $557.45 million. It offers aerospace related transportation and flatbed trucking services with curtain trailers in flatbed, step-deck, and low -profile step-deck configuration; transformers, tower cranes, truck cranes, front end loaders, and dozer transportation services; oil field cargo and trucking logistics services; and specialty and over-dimensional flatbed cargo services, as well as carries oversized pre-stressed concrete and oversized mining tires. It has a 9.72 P/E ratio. The firm also provides long haul, regional, and dedicated services; high volume and time-sensitive open-deck/specialty services; transportation of roofing and building materials, as well as various aluminum, iron, and steel products; and transportation of open-deck and drop deck freight, including steel, machinery, and agricultural equipment.

Daseke, Inc. (NASDAQ:DSKE) Ratings Chart

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