DatChat Inc [NASDAQ: DATS] gained 75.00% or 1.62 points to close at $3.78 with a heavy trading volume of 143160299 shares.
The daily chart for DATS points out that the company has recorded 225.86% gains over the past six months.
If we look at the average trading volume of 9.00M shares, DATS reached to a volume of 143160299 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 DatChat Inc [DATS]:
The Average True Range (ATR) for DatChat Inc is set at 0.55 The Price to Book ratio for the last quarter was 1.61, with the Price to Cash per share for the same quarter was set at 1.08.
Trading performance analysis for DATS stock
DatChat Inc [DATS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 58.16. With this latest performance, DATS shares gained by 47.08% in over the last four-week period, additionally plugging by 225.86% over the last 6 months – not to mention a rise of 168.09% 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 DATS stock in for the last two-week period is set at 68.30, with the RSI for the last a single of trading hit 78.34, and the three-weeks RSI is set at 61.35 for DatChat Inc [DATS]. The present Moving Average for the last 50 days of trading for this stock 3.05, while it was recorded at 2.58 for the last single week of trading, and 1.96 for the last 200 days.
DatChat Inc [DATS]: A deeper dive into fundamental analysis
DatChat Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.96 and a Current Ratio set at 8.96.
An analysis of Institutional ownership at DatChat Inc [DATS]
There are presently around $3.86%, or 4.13%% of DATS stock, in the hands of institutional investors.
