The stock of DatChat Inc. (NASDAQ:DATS) decreased by -$0.02 on Wednesday to $0.50, down -3.34 percent. The last five days have seen an average of 188,590 shares of common stock traded. 8 times new highs were reached in the current year, with a gain of $0.2531. The average number of shares traded over the last 20 days was 145,998, while the average volume over the last 50 days totaled 431,877.
DATS stock appreciated 3.95% since last month. On 08/04/23, the company’s shares reached a one-month low of $0.4500. The stock touched a high of $1.54 on 06/14/23, after rallying from a low of $0.14 in 52 weeks. The price of DATS stock has risen by 102.51% or $0.2531 this year, reaching a new high 8 times. Still, the stock price is down -67.53% from the 52-week high.
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Insider Transactions
DATS stock investors should be aware that DatChat Inc. (DATS) stock had its last reported insider trading activity 328 days ago on Sep 22. On Sep 22, CHIEF EXECUTIVE OFFICER Myman Darin M acquired 14,000 shares at $0.70 each. This transaction resulted in the insider spending $9,799.
Valuation Metrics
Beta for the stock is 2.05. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 226.08, the price-to-book (PB) ratio of 0.96.
Financial Health
For the recent quarter, DatChat Inc.’s quick ratio was 21.30, while its current ratio was 21.30, indicating its ability to pay off its debt. Based on annual data, it had gross profit of $12.27 million and revenue of $46000.0.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. DATS’s return on assets (ROA) during the last 12 months has been -77.20%. In the meantime, the return on equity (ROE) for the last 12 months was -80.40%.
Earnings Surprise
EBITDA was -$2.31 million for the quarter. At the end of DatChat Inc.’s most recent quarter, its liabilities totaled 0.55 million, while its total debt was $0.14 million. Equity owned by shareholders amounts to $20.94 million.
Technical Picture
Here’s a quick look at DatChat Inc.’s (DATS) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 42.85%, suggesting the stock is Neutral, with a 38.96% historical volatility rate.
The stochastic %K and %D were 52.58% and 57.74% respectively, while the average true range (ATR) was 0.0481. Based on the 14-day stochastic reading of 45.45%, the RSI (14) reading is 46.64%. On the 9-day MACD Oscillator, the stock is at 0.0009.
Analyst Ratings
Analysts have assigned DatChat Inc. (DATS) an – rating. DATS is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
