Analyzing Stock On Your Own: DatChat Inc (NASDAQ: DATS)

DatChat Inc (NASDAQ:DATS) does about 1.17M shares in volume on a normal day but saw 4145179 shares change hands in the recent trading day. The company now has a market cap of 6.74M USD. Its current market price is $2.15, marking an increase of 19.44% compared to the previous close of $1.80. The 52 week high reached by this stock is $4.13 whilst the lowest price level in 52 weeks is $1.01.

DatChat Inc (DATS) has a 20-day trading average at $2.0000 and the current price is -47.94% off the 52-week high compared with 112.87% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.6900 and its 200-day simple moving average is $1.4300. If we look at the stock’s price movements over the week, volatility stands at 10.29%, which increases to 12.76% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.17 to suggest the stock is neutral.

The current price level is 7.37%, 27.21%, and 50.34% away from its SMA20, SMA50, and SMA200 respectively, with the DATS price moving below the 50-day SMA on current market day. DatChat Inc (DATS) stock is up 16.85% over the week and 6.97% over the past month. Its price is -25.09% year-to-date and 13.16% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

The company has a return on investment of -67.03% and return on equity of -65.18%. The beta has a value of 2.35. Price to book ratio is 0.91.