Data Storage Co. (NASDAQ:DTST – Get Free Report) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 546,000 shares, a decline of 11.1% from the July 15th total of 613,900 shares. Based on an average daily trading volume, of 117,100 shares, the short-interest ratio is presently 4.7 days. Currently, 13.6% of the shares of the company are short sold.
Data Storage Stock Performance
Shares of DTST stock opened at $4.01 on Monday. The company has a market capitalization of $27.95 million, a price-to-earnings ratio of 45.00 and a beta of 0.75. The company has a 50-day simple moving average of $5.78 and a 200 day simple moving average of $5.57. Data Storage has a 52 week low of $2.62 and a 52 week high of $8.00.
Data Storage (NASDAQ:DTST – Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.07). The company had revenue of $4.91 million for the quarter. Data Storage had a return on equity of 3.48% and a net margin of 2.61%.
Institutional Trading of Data Storage
Data Storage Company Profile
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.
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