A new trading day began on Monday, with Data Storage Corp (NASDAQ: DTST) stock price up 12.22% from the previous day of trading, before settling in for the closing price of $4.42. DTST’s price has ranged from $2.93 to $5.44 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 2842.86%. With a float of $4.14 million, this company’s outstanding shares have now reached $7.47 million.
Data Storage Corp (DTST) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of Data Storage Corp is 44.84%, while institutional ownership is 11.29%. The most recent insider transaction that took place on Apr 10 ’25, was worth 7,582. In this transaction EVP of this company sold 2,333 shares at a rate of $3.25, taking the stock ownership to the 839,112 shares. Before that another transaction happened on Apr 10 ’25, when Company’s President sold 2,333 for $3.25, making the entire transaction worth $7,582. This insider now owns 869,847 shares in total.
Data Storage Corp (DTST) Performance Highlights and Predictions
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.04 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2842.86% per share during the next fiscal year.
Data Storage Corp (NASDAQ: DTST) Trading Performance Indicators
Here are Data Storage Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.37 in one year’s time.
Technical Analysis of Data Storage Corp (DTST)
The latest stats from [Data Storage Corp, DTST] show that its last 5-days average volume of 0.22 million was superior to 0.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.65%.
During the past 100 days, Data Storage Corp’s (DTST) raw stochastic average was set at 71.07%, which indicates a significant decrease from 96.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.16 in the past 14 days, which was lower than the 0.17 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.24, while its 200-day Moving Average is $4.04. Now, the first resistance to watch is $5.03. This is followed by the second major resistance level at $5.11. The third major resistance level sits at $5.21. If the price goes on to break the first support level at $4.85, it is likely to go to the next support level at $4.75. Assuming the price breaks the second support level, the third support level stands at $4.67.
Data Storage Corp (NASDAQ: DTST) Key Stats
With a market capitalization of 37.19 million, the company has a total of 7,262K Shares Outstanding. Currently, annual sales are 25,370 K while annual income is 520 K. The company’s previous quarter sales were 420 K while its latest quarter income was 16,780 K.
