Market cap of Datasea Inc [DTSS] reaches 188.07M – now what?

Datasea Inc [NASDAQ: DTSS] stock went on an upward path that rose over 9.78% on Monday, amounting to a one-week price increase of more than 16.78%.

Over the last 12 months, DTSS stock dropped by -66.12%. The one-year Datasea Inc stock forecast points to a potential upside of 78.04. The average equity rating for DTSS stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $188.07 million, with 27.78 million shares outstanding and 18.68 million shares in the current float. Compared to the average trading volume of 42.75K shares, DTSS stock reached a trading volume of 14888852 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Datasea Inc [DTSS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DTSS shares is $22.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DTSS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Datasea Inc is set at 0.61, with the Price to Sales ratio for DTSS stock in the period of the last 12 months amounting to 8.08. The Price to Book ratio for the last quarter was 11.91, with the Price to Cash per share for the same quarter was set at 0.00.

DTSS Stock Performance Analysis:

Datasea Inc [DTSS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.78. With this latest performance, DTSS shares gained by 3.56% in over the last four-week period, additionally plugging by 25.56% over the last 6 months – not to mention a drop of -66.12% 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 50.95, with the RSI for the last a single of trading hit 62.34, and the three-weeks RSI is set at 46.17 for Datasea Inc [DTSS]. The present Moving Average for the last 50 days of trading for this stock 5.93, while it was recorded at 4.52 for the last single week of trading, and 4.76 for the last 200 days.

Insight into Datasea Inc Fundamentals:

Datasea Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.11 and a Current Ratio set at 1.19.

Datasea Inc [DTSS] Institutonal Ownership Details

The top three institutional holders of DTSS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in DTSS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in DTSS stock with ownership which is approximately 5.1238%.

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