Datasea Inc (NASDAQ: DTSS) has experienced a rise in its stock price by 6.59 compared to its previous closing price of 8.19. However, the company has seen a gain of 27.82% in its stock price over the last five trading days. InvestorPlace reported 2024-02-15 that 5G-focused communications specialist Datasea (NASDAQ: DTSS ) just announced that one of its subsidiaries has entered into an agreement with Hangzhou Chongda Technology. The purpose of this deal is to increase sales of 5G multimodal communication services in China.
Is It Worth Investing in Datasea Inc (NASDAQ: DTSS) Right Now?
DTSS has 36-month beta value of 0.89. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DTSS is 21.55M, and currently, short sellers hold a 0.54% ratio of that float. The average trading volume of DTSS on April 03, 2024 was 2.08M shares.
DTSS’s Market Performance
The stock of Datasea Inc (DTSS) has seen a 27.82% increase in the past week, with a 28.76% rise in the past month, and a 147.98% gain in the past quarter. The volatility ratio for the week is 12.93%, and the volatility levels for the past 30 days are at 18.16% for DTSS. The simple moving average for the past 20 days is 10.79% for DTSS’s stock, with a 38.39% simple moving average for the past 200 days.
DTSS Trading at 54.55% 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 -56.97% of loss for the given period.
Volatility was left at 18.16%, however, over the last 30 days, the volatility rate increased by 12.93%, as shares surge +55.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +424.80% upper at present.
During the last 5 trading sessions, DTSS rose by +27.82%, which changed the moving average for the period of 200-days by -46.56% in comparison to the 20-day moving average, which settled at $8.03. In addition, Datasea Inc saw 147.98% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DTSS
Current profitability levels for the company are sitting at:
- -0.4 for the present operating margin
- 0.01 for the gross margin
The net margin for Datasea Inc stands at -0.4. The total capital return value is set at -3.75. Equity return is now at value -1170.13, with -232.62 for asset returns.
Based on Datasea Inc (DTSS), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -9.04. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 260.64.
Currently, EBITDA for the company is -8.98 million with net debt to EBITDA at -0.04. When we switch over and look at the enterprise to sales, we see a ratio of 10.26. The receivables turnover for the company is 437.61for trailing twelve months and the total asset turnover is 4.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
To put it simply, Datasea Inc (DTSS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
