Datasea Inc (NASDAQ: DTSS) Now $1.42 Higher From Its Low (0.64), Does It Still Have A Growth Story?

Datasea Inc (NASDAQ:DTSS) currently has a daily average trading volume of 955.12K but it saw 11088300 shares traded in last market. With a market cap of 78.42M USD, the company’s current market price of $2.06 came rising about 1.98 while comparing to the previous closing price of $2.02. 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 $2.01 while lowest mark touched by it was $3.0.

Taking a look at 20-day trading activity of Datasea Inc (DTSS) gives us an average price of $2.08, while its current price level is -89.85% below from 52-week high level whereas it is 45.07% 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 $2.23 while that of 200 days or SMA-200 reads an average of $4.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.72% during that period while stretching the period over a month that decreases to 14.37%. 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 47.25 which implies that the stock is in neutral territory.

Over the week, DTSS’s stock price is moving 0.98% up while it is -7.62% when we observe its performance for the past one month. Year-to-date it is -41.49% down and over the past year, the stock is showing a downside performance of -34.60%.

Currently, Datasea Inc’s total number of outstanding shares is 38.07M. Company’s return on equity (ROE) at -1170.13%. Stock’s beta reads 0.70. Stock has a price to sale or P/S ratio amounts to 3.37. Its return on asset (ROA) is -404.62% on average.