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

Datasea (NASDAQ:DTSS) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report issued on Saturday.

Datasea Price Performance

Shares of NASDAQ DTSS opened at $2.12 on Friday. The firm has a fifty day moving average price of $2.14 and a 200-day moving average price of $2.17. Datasea has a 1 year low of $1.63 and a 1 year high of $7.67.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Datasea stock. Citadel Advisors LLC purchased a new stake in Datasea Inc. (NASDAQ:DTSS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 34,300 shares of the company’s stock, valued at approximately $76,000. Citadel Advisors LLC owned 0.48% of Datasea at the end of the most recent reporting period. 82.07% of the stock is owned by institutional investors.

About Datasea

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.