DSS (NYSEAMERICAN:DSS) Share Price Passes Below 50 Day Moving Average – Here’s Why

DSS, Inc. (NYSEAMERICAN:DSS) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.57 and traded as low as $0.5364. DSS shares last traded at $0.54, with a volume of 158,642 shares changing hands.

DSS Stock Down 3.1%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.19 and a current ratio of 0.22. The firm has a fifty day simple moving average of $0.57 and a 200-day simple moving average of $0.83. The firm has a market cap of $5.42 million, a price-to-earnings ratio of -0.20 and a beta of 0.97.

DSS (NYSEAMERICAN:DSS) last released its quarterly earnings data on Tuesday, March 31st. The business services provider reported ($1.63) EPS for the quarter. The company had revenue of $4.13 million during the quarter. DSS had a negative net margin of 124.24% and a negative return on equity of 130.66%.

About DSS

Document Security Systems, Inc (NYSEAMERICAN: DSS) is a provider of anti-counterfeit and authentication technologies designed to protect high-value products and secure documents against forgery. The company develops both physical and digital security solutions, including proprietary micro-optic devices such as DOVIDs (Diffractive Optically Variable Image Devices), custom holographic labels, and tamper-evident seals. These solutions are used to safeguard brand integrity in sectors ranging from consumer goods and pharmaceuticals to banknotes and government identity documents.

In addition to its optical security products, DSS offers the veraID™ digital authentication platform, which enables real-time verification of authenticity via smartphones or dedicated readers.