DatChat Inc (NASDAQ: DATS) has seen a rise in its stock price by 19.44 in relation to its previous close of 1.80. However, the company has experienced a 16.85% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-04 that New Brunswick, NJ, Dec. 04, 2024 (GLOBE NEWSWIRE) — DatChat, Inc (Nasdaq: DATS), a secure messaging and social media company, today announced it will be attending The Benchmark Company’s 13th Annual Discovery One-on-One Investor Conference to be held Wednesday, December 11th, 2024 at the New York Athletic Club in New York City.
Is It Worth Investing in DatChat Inc (NASDAQ: DATS) Right Now?
DATS has 36-month beta value of 2.35.
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The public float for DATS is 2.73M, and currently, short sellers hold a 11.40% ratio of that float. The average trading volume of DATS on December 10, 2024 was 1.17M shares.
DATS’s Market Performance
DATS stock saw an increase of 16.85% in the past week, with a monthly gain of 6.97% and a quarterly increase of 83.76%. The volatility ratio for the week is 10.29%, and the volatility levels for the last 30 days are 12.76% for DatChat Inc (DATS). The simple moving average for the past 20 days is 7.37% for DATS’s stock, with a 50.34% simple moving average for the past 200 days.
DATS Trading at 27.21% 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 -47.94% of loss for the given period.
Volatility was left at 12.76%, however, over the last 30 days, the volatility rate increased by 10.29%. Over the last 50 days, in opposition, the stock is trading +67.97% upper at present.
During the last 5 trading sessions, DATS rose by +16.85%, which changed the moving average for the period of 200-days by +67.97% in comparison to the 20-day moving average, which settled at $2.0000. In addition, DatChat Inc saw -25.09% 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:
- -10784.15 for the present operating margin
- -2001.83 for the gross margin
The net margin for DatChat Inc stands at -9217.1. The total capital return value is set at -1.3. Equity return is now at value -65.18, with -74.22 for asset returns.
Currently, EBITDA for the company is -8.32 million with net debt to EBITDA at 0.11. When we switch over and look at the enterprise to sales, we see a ratio of 11379.44. The receivables turnover for the company is 2.63for 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 8.96.
Conclusion
To put it simply, DatChat Inc (DATS) 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.
