For the readers interested in the stock health of Datasea Inc. (DTSS). It is currently valued at $2.76. When the transactions were called off in the previous session, Stock hit the highs of $2.798, after setting-off with the price of $2.71. Company’s stock value dipped to $2.65 during the trading on the day. When the trading was stopped its value was $2.68.
Recently in News on May 10, 2021, Datasea Announces Cooperation with a Major Distributor With the Objective of Providing 5G Messaging Products to 50,000 Enterprise Clients by the End of 2021. Datasea Inc. (NASDAQ:DTSS) (” Datasea “), a technology company engaged in providing smart security solutions, smart hardware and education-related technologies in China, announced today that its wholly-owned subsidiary company named Shuhai Zhangxun Information Technology Co., Ltd. (“Shuhai Zhangxun”) entered into a distribution partnership agreement with Jiade Boya (Zhejiang) Culture Co., Ltd. (“Jiade Boya”) with the objective of providing 5G Messaging-marketing Cloud Platform (“5G MMCP”) to 50,000 enterprise clients throughout Jiangsu Province, Zhejiang Province, and Shanghai by December 31st, 2021. You can read further details here
Datasea Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.75 on 01/14/21, with the lowest value was $1.92 for the same time period, recorded on 01/04/21.
Datasea Inc. (DTSS) full year performance was 40.31%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Datasea Inc. shares are logging -55.77% during the 52-week period from high price, and 63.31% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.69 and $6.24.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 4123553 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Datasea Inc. (DTSS) recorded performance in the market was 34.00%, having the revenues showcasing -26.17% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 58.40M, as it employees total of 58 workers.
Specialists analysis on Datasea Inc. (DTSS)
During the last month, 0 analysts gave the Datasea Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.20, with a change in the price was noted +0.76. In a similar fashion, Datasea Inc. posted a movement of +35.88% for the period of last 100 days, recording 1,095,321 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DTSS is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Datasea Inc. (DTSS)
Raw Stochastic average of Datasea Inc. in the period of last 50 days is set at 11.50%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 27.71%. In the last 20 days, the company’s Stochastic %K was 12.88% and its Stochastic %D was recorded 10.14%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 34.00%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -24.29%, alongside a boost of 40.31% for the period of the last 12 months. The shares increased approximately by -10.07% in the 7-day charts and went up by -21.41% in the period of the last 30 days. Common stock shares were lifted by -26.17% during last recorded quarter.