Datasea Inc. (DTSS) Stock Surges 5.37% Amid Market Volatility

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Nov 04, 2024

Datasea Inc. (DTSS, Financial), a company operating in the internet security sector, experienced a significant stock price increase of 5.37%. The stock is now trading at $2.55 per share, with a volume of 51,991 shares and a turnover rate of 0.73%. The price oscillation was recorded at 6.20%.

Recent financial reports for Datasea Inc. show the company generated revenues of $23.98 million, but faced a net loss of $12.21 million. The earnings per share (EPS) stand at -$4.70, with a gross profit of -$20,375 and a price-to-earnings (P/E) ratio of -0.58. Currently, there are no institutional ratings available for Datasea's stock.

Within the software services industry, where Datasea operates, there was a slight overall decline of 0.17%. Other stocks in this sector showed notable activity. Simpple Ltd. and Nvni Group Ltd demonstrated significant gains, while companies like Simpple Ltd., Cemtrex Inc., and Phunware, Inc. showed high turnover rates of 1700.19%, 655.93%, and 46.40% respectively. Stocks with high price volatility included Simpple Ltd., Triller Group Inc., and Alpha Technology Group Limited.

Datasea Inc. specializes in internet security products and offers various services, including internet security equipment, new media advertising, micro-marketing, ISP connectivity, and big data processing services. The group's business activities are primarily conducted 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.