Datasea (NASDAQ:DTSS) Stock Price Up 0.1% – Should You Buy?

Datasea Inc. (NASDAQ:DTSSGet Free Report) shares rose 0.1% on Monday . The stock traded as high as $1.28 and last traded at $1.26. Approximately 21,765 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 56,046 shares. The stock had previously closed at $1.2586.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Datasea in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Datasea currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on Datasea

Datasea Price Performance

The business has a fifty day moving average of $1.70 and a 200-day moving average of $1.94. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.14. The firm has a market cap of $10.80 million, a PE ratio of -3.00 and a beta of 0.55.

Datasea (NASDAQ:DTSSGet Free Report) last posted its earnings results on Friday, September 26th. The company reported $0.40 earnings per share for the quarter. Datasea had a negative return on equity of 110.68% and a negative net margin of 5.17%.The business had revenue of $19.73 million during the quarter.

Institutional Trading of Datasea

An institutional investor recently bought a new position in Datasea stock. Susquehanna International Group LLP purchased a new stake in Datasea Inc. (NASDAQ:DTSSFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,917 shares of the company’s stock, valued at approximately $44,000. Susquehanna International Group LLP owned 0.27% of Datasea at the end of the most recent reporting period. Institutional investors own 82.07% of the company’s stock.

Datasea Company Profile

(Get Free Report)

Datasea Inc, through its subsidiaries, provides technology and information systems in the People's Republic of China. The company provides smart city solutions and 5G messaging applications. It also offers its smart security solutions primarily to schools, tourist or scenic attractions, and public communities.

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