Datasea Inc. [NASDAQ: DTSS] closed the trading session at $3.55 on 01/14/21. The day’s price range saw the stock hit a low of $3.16, while the highest price level was $5.75. The company report on January 14, 2021 that Datasea Announces the Establishment of a New Company to Focus on the 5G Opportunities and Related Value-added Services.
Datasea Inc. (NASDAQ:DTSS) (“Datasea”), a technology company engaged in providing smart security solutions, smart hardware and education- related technologies in China, announced that it had established a new subsidiary company named Shuhai Zhangxun Information Technology Co., Ltd. (“Shuhai Zhangxun”) to explore opportunities in the 5G field and 5G value-added services.
As a part of Datasea’s recent initiative to leverage its technology capabilities in order to expand its business coverage and create new sources of revenue and profit, Shuhai Zhangxun will be dedicated to exploring 5G value-added services (e.g., 5G messaging) opportunities brought by the combination and extension of the Company’s smart security platform, big data platform and other technology capabilities currently owned by Datasea.
The stocks have a year to date performance of 77.50 percent and weekly performance of 65.12 percent. The stock has been moved at 89.84 percent over the last six months. The stock has performed 67.49 percent around the most recent 30 days and changed 2.90 percent over the most recent 3-months.
If compared to the average trading volume of 96.33K shares, DTSS reached to a volume of 84470079 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Datasea Inc. [DTSS]:
The Average True Range (ATR) for Datasea Inc. is set at 0.42, with the Price to Sales ratio for DTSS stock in the period of the last 12 months amounting to 51.40. The Price to Book ratio for the last quarter was 23.67, with the Price to Cash per share for the same quarter was set at 0.04.
DTSS stock trade performance evaluation
Datasea Inc. [DTSS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 65.12. With this latest performance, DTSS shares gained by 67.49% in over the last four-week period, additionally plugging by 89.84% over the last 6 months – not to mention a rise of 66.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DTSS stock in for the last two-week period is set at 77.35, with the RSI for the last a single of trading hit 82.63, and the three-weeks RSI is set at 71.51 for Datasea Inc. [DTSS]. The present Moving Average for the last 50 days of trading for this stock 2.23, while it was recorded at 2.60 for the last single week of trading, and 2.47 for the last 200 days.
Datasea Inc. [DTSS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Datasea Inc. [DTSS] shares currently have an operating margin of -134.65 and a Gross Margin at +81.86. Datasea Inc.’s Net Margin is presently recorded at -131.70.
Return on Total Capital for DTSS is now -36.56, given the latest momentum, and Return on Invested Capital for the company is -37.31. Return on Equity for this stock declined to -38.63, with Return on Assets sitting at -30.14. When it comes to the capital structure of this company, Datasea Inc. [DTSS] has a Total Debt to Total Equity ratio set at 17.72. Additionally, DTSS Total Debt to Total Capital is recorded at 15.05, with Total Debt to Total Assets ending up at 14.00. Long-Term Debt to Equity for the company is recorded at 8.79, with the Long-Term Debt to Total Capital now at 7.47.
Reflecting on the efficiency of the workforce at the company, Datasea Inc. [DTSS] managed to generate an average of -$32,125 per employee. Receivables Turnover for the company is 5.40 with a Total Asset Turnover recorded at a value of 0.23.Datasea Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.20.
Datasea Inc. [DTSS]: Insider Ownership positions
There are presently around $0 million, or 0.30% of DTSS stock, in the hands of institutional investors. The top three institutional holders of DTSS stocks are: HRT FINANCIAL LP with ownership of 22,864, which is approximately 68.688% of the company’s market cap and around 71.62% of the total institutional ownership; UBS GROUP AG, holding 16,328 shares of the stock with an approximate value of $58000.0 in DTSS stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $49000.0 in DTSS stock with ownership of nearly New of the company’s market capitalization.
4 institutional holders increased their position in Datasea Inc. [NASDAQ:DTSS] by around 39,813 shares. Additionally, 1 investors decreased positions by around 17,584 shares, while 0 investors held positions by with 5,979 shares. The mentioned changes placed institutional holdings at 63,376 shares, according to the latest SEC report filing. DTSS stock had 2 new institutional investments in for a total of 24,184 shares, while 1 institutional investors sold positions of 17,584 shares during the same period.