In the past week, DTSS stock has gone down by -19.62%, with a monthly decline of -60.61% and a quarterly plunge of -74.00%. The volatility ratio for the week is 18.47%, and the volatility levels for the last 30 days are 19.69% for Datasea Inc. . The simple moving average for the past 20 days is -47.44% for DTSS’s stock, with a -76.28% simple moving average for the past 200 days.
Is It Worth Investing in Datasea Inc. (NASDAQ: DTSS) Right Now?
There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for DTSS is $1.50, The public float for DTSS is 16.26M, and at present, short sellers hold a 1.98% of that float. The average trading volume of DTSS on September 19, 2023 was 859.36K shares.
DTSS) stock’s latest price update
Datasea Inc. (NASDAQ: DTSS)’s stock price has gone decline by -2.00 in comparison to its previous close of 0.26, however, the company has experienced a -19.62% decrease in its stock price over the last five trading days. InvestorPlace reported 2023-09-12 that Datasea (NASDAQ: DTSS ) stock is falling on Tuesday after the smart security solutions company announced a proposed public stock offering. Datasea is offering 5 million shares of DTSS stock at a price of 40 cents per share.
DTSS Trading at -60.93% from the 50-Day Moving Average
After a stumble in the market that brought DTSS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.93% of loss for the given period.
Volatility was left at 19.69%, however, over the last 30 days, the volatility rate increased by 18.47%, as shares sank -60.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -71.76% lower at present.
During the last 5 trading sessions, DTSS fell by -19.91%, which changed the moving average for the period of 200-days by -81.60% in comparison to the 20-day moving average, which settled at $0.4650. In addition, Datasea Inc. saw -83.01% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DTSS
Current profitability levels for the company are sitting at:
- -42.37 for the present operating margin
- +2.21 for the gross margin
The net margin for Datasea Inc. stands at -38.18. The total capital return value is set at -288.08, while invested capital returns managed to touch -387.76.
Based on Datasea Inc. (DTSS), the company’s capital structure generated 23.28 points at debt to equity in total, while total debt to capital is 18.89. Total debt to assets is 15.21, with long-term debt to equity ratio resting at 1.28. Finally, the long-term debt to capital ratio is 1.04.
When we switch over and look at the enterprise to sales, we see a ratio of 1.83, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 62.56 and the total asset turnover is 4.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.59.
Conclusion
In summary, Datasea Inc. (DTSS) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
