Stock of Datasea Inc. (DTSS, Financial) recently experienced a significant rise in its value, climbing 5.13% to $2.46 per share. The trading volume reached 69,188 shares with a turnover rate of 1.34% and a price fluctuation of 7.26%.
Financial reports reveal that Datasea recorded a revenue of $23.98 million with a net loss of $12.21 million, resulting in earnings per share of -$4.70. The company has a gross profit of -$20375 and a price-to-earnings ratio of -0.55. Currently, no institutional recommendations for buying, holding, or selling the stock have been made.
The software services sector, where Datasea operates, saw a general increase of 0.75%. Within this sector, companies such as Verb Technology Company, Inc. and Banzai International Inc. experienced notable gains. Stocks like Cemtrex Inc., Verb Technology Company, Inc., and Jet.AI were particularly active with high turnover rates, while Surgepays Inc. and Nukkleus Inc. had significant price volatility.
Datasea Inc. focuses on developing internet security products. The company offers internet security devices, new media advertising services, micro-marketing services, ISP connectivity, and big data processing. Its operations are primarily based in China.
