The trading price of Data Storage Corporation (NASDAQ:DTST) closed lower on Tuesday, July 20, closing at $4.19, -2.56% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $3.75 and $4.23. The company’s P/E ratio in the trailing 12-month period was 167.60, while its 5Y monthly beta was 1.21. In examining the 52-week price action we see that the stock hit a 52-week high of $38.80 and a 52-week low of $4.24. Over the past month, the stock has lost -21.54% in value.
Data Storage Corporation, whose market valuation is $21.24 million at the time of this writing, is expected to release its quarterly earnings report May 06, 2021. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Data Storage Corporation No upward and no downward comments were posted in the last 7 days.
A quick review shows that DTST’s price is currently -35.99% off the SMA20 and -33.27% off the SMA50. The RSI metric on the 14-day chart is currently showing 35.20, and weekly volatility stands at 15.48%. When measured over the past 30 days, the indicator reaches 15.63%. Data Storage Corporation (NASDAQ:DTST)’s beta value is currently sitting at 1.09, while the Average True Range indicator is currently displaying 1.10.
To see how Data Storage Corporation stock has been performing in comparison to its peers in the industry, here are the numbers: DTST stock’s performance was -2.56% in the latest trading, and -22.55% in the past year. Data Storage Corporation has a P/E ratio of 167.60. Also in last trading session, the S&P 500 Index has surged 1.52%, while the Dow Jones Industrial also saw a positive session, up 1.62% on the day.
An evaluation of the daily trading volume of Data Storage Corporation (NASDAQ:DTST) indicates that the 3-month average is 1.07 million.
Currently, records show that 3.21 million of the company’s shares remain outstanding. The insiders hold 57.45% of outstanding shares. However, since the stock’s price has seen -25.71% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.