Wall Street Zen Upgrades Datasea (NASDAQ:DTSS) to “Hold”

Datasea (NASDAQ:DTSS) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.

Datasea Stock Up 1.0%

DTSS stock opened at $2.12 on Friday. The stock’s 50 day simple moving average is $2.14 and its 200 day simple moving average is $2.17. Datasea has a fifty-two week low of $1.63 and a fifty-two week high of $7.67.

Datasea (NASDAQ:DTSS) last released its quarterly earnings data on Wednesday, May 14th. The company reported ($0.24) EPS for the quarter. Datasea had a negative net margin of 26.69% and a negative return on equity of 618.32%. The firm had revenue of $10.35 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Datasea stock. Citadel Advisors LLC bought a new position in Datasea Inc. (NASDAQ:DTSS) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 34,300 shares of the company’s stock, valued at approximately $76,000. Citadel Advisors LLC owned about 0.48% of Datasea at the end of the most recent reporting period. 82.07% of the stock is currently owned by institutional investors.

Datasea Company Profile

Datasea Inc, through its subsidiaries, provides technology and information systems in the People's Republic of China. The company provides smart city solutions and 5G messaging applications. It also offers its smart security solutions primarily to schools, tourist or scenic attractions, and public communities.