Datasea (NASDAQ:DTSS) Releases Earnings Results

Datasea (NASDAQ:DTSS) announced its quarterly earnings data 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 Stock Down 6.7%

Shares of NASDAQ:DTSS traded down $0.07 on Thursday, hitting $0.98. 23,865 shares of the company’s stock were exchanged, compared to its average volume of 121,383. Datasea has a 1-year low of $0.64 and a 1-year high of $2.89. The company has a market capitalization of $8.40 million, a PE ratio of -2.33 and a beta of 0.79. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.62 and a current ratio of 0.67. The firm’s 50-day moving average is $0.99 and its 200 day moving average is $1.57.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Datasea

A hedge fund recently bought a new stake in Datasea stock. Susquehanna International Group LLP bought a new stake in Datasea Inc. (NASDAQ:DTSS) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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. 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.