DatChat Inc (NASDAQ: DATS)’s stock price has gone rise by 8.13 in comparison to its previous close of 1.23, however, the company has experienced a 5.92% increase in its stock price over the last five trading days. globenewswire.com reported 2024-09-12 that This patent will allow the Company to own the rights to preserve data for future generations on its Myseum platform New Brunswick, NJ, Sept. 12, 2024 (GLOBE NEWSWIRE) — DatChat, Inc. (NASDAQ: DATS), a secure messaging and social media company, is pleased to announce that it has received a Notice of Allowance for U.S Patent Application No.
Is It Worth Investing in DatChat Inc (NASDAQ: DATS) Right Now?
The 36-month beta value for DATS is also noteworthy at 2.32.
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The public float for DATS is 2.73M, and at present, short sellers hold a 0.82% of that float. The average trading volume of DATS on October 18, 2024 was 94.22K shares.
DATS’s Market Performance
DATS stock saw an increase of 5.92% in the past week, with a monthly gain of 13.68% and a quarterly increase of -14.19%. The volatility ratio for the week is 12.27%, and the volatility levels for the last 30 days are 8.07% for DatChat Inc (DATS). The simple moving average for the past 20 days is 6.33% for DATS’s stock, with a -5.04% simple moving average for the past 200 days.
DATS Trading at 4.69% from the 50-Day Moving Average
After a stumble in the market that brought DATS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.80% of loss for the given period.
Volatility was left at 8.07%, however, over the last 30 days, the volatility rate increased by 12.27%, as shares surge +14.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.52% lower at present.
During the last 5 trading sessions, DATS rose by +5.92%, which changed the moving average for the period of 200-days by -63.26% in comparison to the 20-day moving average, which settled at $1.2509. In addition, DatChat Inc saw -53.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DATS
Current profitability levels for the company are sitting at:
- -10920.07 for the present operating margin
- -149.42 for the gross margin
The net margin for DatChat Inc stands at -9298.7. The total capital return value is set at -1.36. Equity return is now at value -76.33, with -77.00 for asset returns.
Based on DatChat Inc (DATS), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -133.97. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -78.73.
Currently, EBITDA for the company is -8.69 million with net debt to EBITDA at 0.08. When we switch over and look at the enterprise to sales, we see a ratio of 5507.85. The receivables turnover for the company is 3.27for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.20.
Conclusion
In summary, DatChat Inc (DATS) has had a mixed performance as of late. Analysts have mixed 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.
