In the past week, DTSS stock has gone up by 57.98%, with a monthly gain of 44.17% and a quarterly plunge of -32.35%. The volatility ratio for the week is 10.77%, and the volatility levels for the last 30 days are 7.03% for Datasea Inc The simple moving average for the last 20 days is 42.55% for DTSS stock, with a simple moving average of -34.69% for the last 200 days.
Is It Worth Investing in Datasea Inc (NASDAQ: DTSS) Right Now?
Moreover, the 36-month beta value for DTSS is 0.69. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for DTSS is 22.34M and currently, short sellers hold a 0.12% of that float. On September 17, 2024, DTSS’s average trading volume was 291.84K shares.
DTSS) stock’s latest price update
Datasea Inc (NASDAQ: DTSS) has seen a rise in its stock price by 31.13 in relation to its previous close of 2.27. However, the company has experienced a 57.98% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-17 that Agreements Boost Fiscal 2025 Revenue and Expand Datasea’s 5G Application Market Positioning in China BEIJING, Sept. 17, 2024 /PRNewswire/ — Datasea Inc. (NASDAQ: DTSS) (“Datasea” or the “Company”), a Nevada-based company focused on innovative high-tech acoustics and 5G-Artificial Intelligence (“AI”) multimodal digital technology in the United States and China, today announced that, on August 12, 2024, its Chinese subsidiaries, Shuhai Information Technology Co., Ltd.
DTSS Trading at 26.22% 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 -85.36% of loss for the given period.
Volatility was left at 7.03%, however, over the last 30 days, the volatility rate increased by 10.77%, as shares surge +50.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.05% upper at present.
During the last 5 trading sessions, DTSS rose by +66.05%, which changed the moving average for the period of 200-days by +15.62% in comparison to the 20-day moving average, which settled at $2.14. In addition, Datasea Inc saw -15.64% 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:
- -0.53 for the present operating margin
- -0.0 for the gross margin
The net margin for Datasea Inc stands at -0.53. The total capital return value is set at -10.41. Equity return is now at value -1170.13, with -366.56 for asset returns.
Based on Datasea Inc (DTSS), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -11.73. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 458.21.
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 0.52. The receivables turnover for the company is 1365.87for trailing twelve months and the total asset turnover is 6.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To wrap up, the performance of Datasea Inc (DTSS) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
