Datasea (DTSS) Expected to Post Quarterly Earnings on Monday

Datasea (NASDAQ:DTSS) will likely be releasing its results on Monday, November 16th. Analysts expect Datasea to announce earnings of ($0.60) per share and revenue of $3.40 million for the quarter.

Datasea Stock Performance

Shares of Datasea stock traded down $0.05 on Friday, hitting $0.52. 25,260 shares of the company’s stock were exchanged, compared to its average volume of 58,417. The company has a 50-day simple moving average of $0.68 and a 200-day simple moving average of $0.82. The stock has a market capitalization of $5.42 million, a PE ratio of -1.62 and a beta of 0.88. Datasea has a 1 year low of $0.52 and a 1 year high of $2.29.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Datasea from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Datasea

Datasea Inc. (NASDAQ: DTSS) is a technology company focused on 5G communications, acoustic intelligence and smart-city solutions. Its business activities include the development and commercialization of technology designed to support connected infrastructure, digital services and intelligent applications. The company’s offerings have included 5G-related communication products and services, as well as solutions incorporating artificial intelligence, the Internet of Things and data analytics. Datasea also develops acoustic-intelligence technologies and related products intended for applications across areas such as healthcare, security, industrial operations and consumer use.