Datasea Inc. (NASDAQ:DTSS) price closed higher on Monday, September 13, jumping 17.48% above its previous close.
A look at the daily price movement shows that the last close reads $2.06, with intraday deals fluctuated between $2.13 and $2.77. The company’s 5Y monthly beta was ticking 0.86. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.84 and 52-week low of $1.71. The stock added 10.50% on its value in the past month.
Datasea Inc., which has a market valuation of $56.97 million, is expected to release its quarterly earnings report Sep 28, 2020.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give DTSS a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that DTSS’s price is at present 22.28% off the SMA20 and 2.00% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 60.97, with weekly volatility standing at 11.28%. The indicator jumps to 7.02% when calculated based on the past 30 days. Datasea Inc. (NASDAQ:DTSS)’s beta value is holding at 0.36, while the average true range (ATR) indicator is currently reading 0.16.
An analysis of the Datasea Inc. (NASDAQ:DTSS) stock in terms of its daily trading volume indicates that the 3-month average is 3.27 million.
Current records show that the company has 21.47M in outstanding shares. The insiders’ percentage holdings are 69.85% of outstanding shares while the percentage share held by institutions stands at 0.20%. But the 21.00% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.