The stock of Datasea Inc (NASDAQ: DTSS) has decreased by -8.52 when compared to last closing price of 7.98.Despite this, the company has seen a loss of -15.80% in its stock price over the last five trading days. MarketBeat reported 2024-04-09 that Marketbeat’s numerous tools for investors include screens and analyses of fundamental and technical factors. The tool we’re looking at today is a technical screen for golden crosses.
Is It Worth Investing in Datasea Inc (NASDAQ: DTSS) Right Now?
The stock has a 36-month beta value of 0.89. Opinions on the stock are mixed, 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 at present, short sellers hold a 0.43% of that float. On April 18, 2024, the average trading volume of DTSS was 2.06M shares.
DTSS’s Market Performance
The stock of Datasea Inc (DTSS) has seen a -15.80% decrease in the past week, with a -8.41% drop in the past month, and a 250.12% gain in the past quarter. The volatility ratio for the week is 9.94%, and the volatility levels for the past 30 days are at 10.62% for DTSS. The simple moving average for the past 20 days is -10.10% for DTSS’s stock, with a 22.92% simple moving average for the past 200 days.
DTSS Trading at 2.51% 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 -64.02% of loss for the given period.
Volatility was left at 10.62%, however, over the last 30 days, the volatility rate increased by 9.94%, as shares sank -9.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +196.74% upper at present.
During the last 5 trading sessions, DTSS fell by -15.80%, which changed the moving average for the period of 200-days by -46.93% in comparison to the 20-day moving average, which settled at $8.08. In addition, Datasea Inc saw 107.36% 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 8.58. 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 sum up, Datasea Inc (DTSS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
