Market cap of Document Security Systems Inc. [DSS] reaches 101.89M – now what?

Document Security Systems Inc. [AMEX: DSS] gained 2.44% or 0.04 points to close at $1.68 with a heavy trading volume of 12820739 shares. The company report on June 17, 2021 that Aegis Capital Corp. acted as Sole Bookrunner on a $50 Million Public Offering of Common Stock Including Exercise of the Over-Allotment for Document Security Systems, Inc. (NYSE American: DSS).

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Aegis Capital Corp. acted as Sole Bookrunner on a $50 Million Public Offering of Common Stock Including Exercise of the Over-Allotment for Document Security Systems, Inc. (NYSE American:DSS).

About Document Security Systems, Inc.

It opened the trading session at $1.69, the shares rose to $1.77 and dropped to $1.68, the range by which the price of stock traded the whole day. The daily chart for DSS points out that the company has recorded -69.29% loss over the past six months. However, it is still -5.0% lower than its most recent low trading price.

If we look at the average trading volume of 3.27M shares, DSS reached to a volume of 12820739 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Document Security Systems Inc. [DSS]:

Aegis Capital have made an estimate for Document Security Systems Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 24, 2020. While these analysts kept the previous recommendation, Dawson James raised their target price to Buy. The new note on the price target was released on July 22, 2013, representing the official price target for Document Security Systems Inc. stock.

The Average True Range (ATR) for Document Security Systems Inc. is set at 0.20, with the Price to Sales ratio for DSS stock in the period of the last 12 months amounting to 5.63. The Price to Book ratio for the last quarter was 0.25, with the Price to Cash per share for the same quarter was set at 0.86.

Trading performance analysis for DSS stock

Document Security Systems Inc. [DSS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -43.24. With this latest performance, DSS shares dropped by -40.21% in over the last four-week period, additionally sinking by -69.29% over the last 6 months – not to mention a drop of -78.41% 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 DSS stock in for the last two-week period is set at 20.15, with the RSI for the last a single of trading hit 14.86, and the three-weeks RSI is set at 25.14 for Document Security Systems Inc. [DSS]. The present Moving Average for the last 50 days of trading for this stock 2.8058, while it was recorded at 1.9160 for the last single week of trading, and 4.2849 for the last 200 days.

Document Security Systems Inc. [DSS]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Document Security Systems Inc. [DSS] shares currently have an operating margin of -61.73 and a Gross Margin at +29.41. Document Security Systems Inc.’s Net Margin is presently recorded at +20.49.

Return on Total Capital for DSS is now -22.45, given the latest momentum, and Return on Invested Capital for the company is 7.59. Return on Equity for this stock inclined to 8.03, with Return on Assets sitting at 6.14. When it comes to the capital structure of this company, Document Security Systems Inc. [DSS] has a Total Debt to Total Equity ratio set at 3.18. Additionally, DSS Total Debt to Total Capital is recorded at 3.08, with Total Debt to Total Assets ending up at 2.54. Long-Term Debt to Equity for the company is recorded at 2.60, with the Long-Term Debt to Total Capital now at 2.52.

Reflecting on the efficiency of the workforce at the company, Document Security Systems Inc. [DSS] managed to generate an average of $38,355 per employee. Receivables Turnover for the company is 4.29 with a Total Asset Turnover recorded at a value of 0.30.Document Security Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 13.20 and a Current Ratio set at 13.80.

Document Security Systems Inc. [DSS]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Document Security Systems Inc. posted -0.54/share EPS, while the average EPS was predicted by analysts to be reported at -0.68/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DSS.

An analysis of insider ownership at Document Security Systems Inc. [DSS]

There are presently around $3 million, or 5.60% of DSS stock, in the hands of institutional investors. The top three institutional holders of DSS stocks are: BLACKROCK INC. with ownership of 525,485, which is approximately 75184.384% of the company’s market cap and around 7.16% of the total institutional ownership; VANGUARD GROUP INC, holding 475,195 shares of the stock with an approximate value of $0.8 million in DSS stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $0.3 million in DSS stock with ownership of nearly 1315.67% of the company’s market capitalization.

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Positions in Document Security Systems Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 19 institutional holders increased their position in Document Security Systems Inc. [AMEX:DSS] by around 1,755,255 shares. Additionally, 4 investors decreased positions by around 75,391 shares, while 6 investors held positions by with 2,524 shares. The mentioned changes placed institutional holdings at 1,828,122 shares, according to the latest SEC report filing. DSS stock had 13 new institutional investments in for a total of 595,001 shares, while 2 institutional investors sold positions of 70,096 shares during the same period.

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