Datasea Inc. (NASDAQ:DTSS – Get Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 153,490 shares, a decline of 40.4% from the June 15th total of 257,665 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average trading volume of 68,672 shares, the days-to-cover ratio is currently 2.2 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Datasea from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on Datasea
Institutional Inflows and Outflows
Datasea Price Performance
Datasea stock traded down $0.04 during trading on Friday, reaching $0.81. 1,030 shares of the company were exchanged, compared to its average volume of 194,327. Datasea has a 52-week low of $0.58 and a 52-week high of $2.50. The company has a market capitalization of $8.50 million, a P/E ratio of -2.57 and a beta of 0.77. The stock’s 50 day simple moving average is $0.83 and its two-hundred day simple moving average is $0.90.
About Datasea
Datasea Data Cloud Technology Co, Ltd. is a technology company specializing in real-time interactive video distribution and industrial Internet of Things (IoT) solutions. The company’s core platform integrates artificial intelligence (AI), big data analytics and cloud computing to deliver immersive video experiences across various applications. Built on its proprietary VIEwu real-time video engine, Datasea supports high-definition streaming, low-latency transmission and interactive functionalities tailored to enterprise and consumer markets.
Founded in 2007 and headquartered in Beijing, Datasea serves a diverse customer base that includes education providers, public security agencies, commercial enterprises and online entertainment platforms.
See Also
- Five stocks we like better than Datasea
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
- Sandisk: What the Chart Is Trying to Tell Us
- 3 Picks-and-Shovels Stocks Powering the Humanoid Robotics Buildout
Receive News & Ratings for Datasea Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datasea and related companies with MarketBeat.com's FREE daily email newsletter.
