Datasea Inc (DTSS): Uncovering A True Diamond In The Rough

Datasea Inc (NASDAQ:DTSS) currently has a daily average trading volume of 934.98K but it saw 1316865 shares traded in last market. With a market cap of 76.14M USD, the company’s current market price of $2.00 came falling about -31.97 while comparing to the previous closing price of $2.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.29 and as low as $1.42. In the recent trading on the day, stock has struck highest price mark of $1.96 while lowest mark touched by it was $2.68.

Taking a look at 20-day trading activity of Datasea Inc (DTSS) gives us an average price of $2.12, while its current price level is -90.14% below from 52-week high level whereas it is 40.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.34 while that of 200 days or SMA-200 reads an average of $4.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.30% during that period while stretching the period over a month that decreases to 11.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.96 which implies that the stock is in neutral territory.

Over the week, DTSS’s stock price is moving -7.41% down while it is -3.85% when we observe its performance for the past one month. Year-to-date it is -43.19% down and over the past year, the stock is showing a downside performance of -48.72%.

Currently, Datasea Inc’s total number of outstanding shares is 27.78M. Company’s return on investment (ROI) stands at -989.18% and return on equity (ROE) at -1170.13%. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 4.82 while price to sale or P/S ratio amounts to 3.27. Its return on asset (ROA) is -366.56% on average.