Datasea (NASDAQ:DTSS) Releases Quarterly Earnings Results

Datasea (NASDAQ:DTSS) posted its quarterly earnings results on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, Zacks reports. Datasea had a negative net margin of 5.17% and a negative return on equity of 110.68%.

Datasea Price Performance

Shares of Datasea stock traded down $0.07 during trading on Thursday, reaching $0.98. The company’s stock had a trading volume of 23,265 shares, compared to its average volume of 121,347. Datasea has a 12-month low of $0.64 and a 12-month high of $2.89. The company has a market capitalization of $8.40 million, a P/E ratio of -2.33 and a beta of 0.79. The business has a 50 day moving average price of $0.99 and a 200-day moving average price of $1.57. The company has a quick ratio of 0.62, a current ratio of 0.67 and a debt-to-equity ratio of 0.14.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datasea in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Trading of Datasea

An institutional investor recently bought a new position in Datasea stock. Susquehanna International Group LLP bought a new position in Datasea Inc. (NASDAQ:DTSS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 21,917 shares of the company’s stock, valued at approximately $44,000. Susquehanna International Group LLP owned 0.27% of Datasea as of its most recent SEC filing. Hedge funds and other institutional investors own 82.07% of the company’s stock.

Datasea Company Profile

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.