Insider & Institutional Ownership
0.2% of Paranovus Entertainment Technology shares are owned by institutional investors. Comparatively, 11.6% of Data Storage shares are owned by institutional investors. 15.6% of Paranovus Entertainment Technology shares are owned by company insiders. Comparatively, 42.2% of Data Storage shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Risk and Volatility
Paranovus Entertainment Technology has a beta of -0.11, suggesting that its share price is 111% less volatile than the S&P 500. Comparatively, Data Storage has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500.
Profitability
This table compares Paranovus Entertainment Technology and Data Storage’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Paranovus Entertainment Technology | N/A | N/A | N/A |
Data Storage | 0.64% | 0.79% | 0.66% |
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Paranovus Entertainment Technology | $6.54 million | 1.60 | -$10.13 million | N/A | N/A |
Data Storage | $25.14 million | 1.02 | $380,000.00 | $0.02 | 183.50 |
Data Storage has higher revenue and earnings than Paranovus Entertainment Technology.
Summary
Data Storage beats Paranovus Entertainment Technology on 8 of the 9 factors compared between the two stocks.
About Paranovus Entertainment Technology
Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. The company was founded in 2004 and is headquartered in Nanping, the People's Republic of China.
About Data Storage
Data Storage Corporation provides data management and cloud solutions in the United States and internationally. It offers a suite of multi-cloud IT solutions, including cyber security solutions, which comprise ezSecurity, a security solution for endpoint security, system assessments, and risk analysis, as well as IBM system protection, including Ransomware defense. The company also provides data protection and recovery solutions, such as ezVault for offsite data protection; ezRecovery for fast data recovery; ezAvailability for real-time data replication with minimal recovery objectives; and ezMirror for data mirroring at the storage level. In addition, it offers cloud hosted production systems comprising ezHost, which delivers managed cloud services; and voice and data solutions, including Nexxis, which specializes in voice over internet protocol, internet access, and data transport solutions, which comprise dedicated internet services, SD-WAN options, and a cloud-based PBX solution. The company offers its solutions and services to businesses in healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. Data Storage Corporation was founded in 2001 and is headquartered in Melville, New York.
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