Datasea (DTSS) Projected to Announce Earnings on Wednesday

Datasea (NASDAQ:DTSS) will likely be releasing its results before the market opens on Wednesday, September 30th. Analysts expect Datasea to post earnings of ($0.60) per share and revenue of $3.10 million for the quarter.

Datasea Stock Up 0.1%

Shares of NASDAQ:DTSS opened at $0.88 on Tuesday. Datasea has a 52-week low of $0.53 and a 52-week high of $2.29. The stock’s fifty day simple moving average is $0.77 and its 200-day simple moving average is $0.84. The company has a market capitalization of $9.17 million, a P/E ratio of -2.75 and a beta of 0.80.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Datasea from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Datasea currently has an average rating of “Sell”.

About Datasea

Datasea Inc is a technology company focused on developing and commercializing solutions in 5G communications, acoustic intelligence, and smart-city applications. Its business activities include the development of products and services that use advanced communications, artificial intelligence, and data technologies for commercial, industrial, and public-sector applications.

The company’s offerings have included 5G-related communications products, intelligent security and safety systems, and acoustic technology designed for applications such as health monitoring, industrial inspection, and other specialized environments.