Datasea Inc. (NASDAQ:DTSS – Get Free Report)’s share price fell 6.6% during trading on Wednesday. The company traded as low as $0.5220 and last traded at $0.5380. 119,257 shares changed hands during trading, a decline of 99% from the average daily volume of 9,658,649 shares. The stock had previously closed at $0.5761.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised shares of Datasea from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Report on DTSS
Datasea Price Performance
The stock has a market cap of $5.63 million, a price-to-earnings ratio of -1.69 and a beta of 0.80. The business’s 50 day moving average is $0.73 and its 200 day moving average is $0.82.
About Datasea
Datasea Inc is a technology company focused on 5G communications, acoustic intelligence and smart-city applications. Through its technology platforms and subsidiaries, the company develops solutions intended to support communications infrastructure, intelligent urban services and data-driven business operations.
Its product and service areas have included 5G-related equipment and applications, millimeter-wave communications technologies, artificial-intelligence and acoustic products, and smart-city solutions.
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