Datasea (NASDAQ:DTSS) Posts Earnings Results

Datasea (NASDAQ:DTSS) released its earnings results on Thursday. The company reported ($0.06) earnings per share for the quarter, Zacks reports. The firm had revenue of $12.99 million for the quarter. Datasea had a negative return on equity of 93.10% and a negative net margin of 4.80%.

Datasea Stock Performance

Shares of DTSS opened at $0.93 on Friday. Datasea has a 52-week low of $0.64 and a 52-week high of $2.89. The stock has a 50 day moving average price of $0.98 and a 200 day moving average price of $1.56. The company has a market capitalization of $7.94 million, a price-to-earnings ratio of -2.20 and a beta of 0.79. 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 Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Datasea in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Datasea currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Datasea stock. Susquehanna International Group LLP acquired a new stake in Datasea Inc. (NASDAQ:DTSS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 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. 82.07% of the stock is currently owned by institutional investors.

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.