DTSS Stock Experiences Significant Decline Amid Market Activity

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Jan 07, 2025

DTSS (Datasea Inc.) stock experienced a significant drop of 5.76%, with the price falling to $2.29 per share. The trading volume reached 52,074 shares, resulting in a turnover rate of 0.73% and a price fluctuation of 6.99%.

Recent financial reports indicate that DTSS generated a revenue of $21.08 million, but reported a net loss of $1.96 million, with earnings per share at -$0.49. The company had a gross profit of $111,346, and its price-to-earnings ratio stands at -0.48. Currently, there are no institutional ratings available for DTSS, such as buy, hold, or sell recommendations.

Within the software services industry, where DTSS operates, there was an overall decline of 1.43%. However, some related stocks showed notable activity. Datchat Inc. and Multisensor Ai Holdings Inc. saw significant gains, with Datchat Inc. showing a particularly high turnover rate of 3017.18% and a price fluctuation of 154.93%.

Datasea Inc. specializes in providing acoustic services (focusing on advanced technologies such as ultrasound, infrasound, and Schumann resonance), 5G applications, and other products and services. The company primarily operates in China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.