DTSS Stock Surges 5.91% Amid Software Services Industry Gains

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Dec 20, 2024

DataSea Inc. (DTSS, Financial) experienced a significant stock price increase of 5.91%, reaching $2.15 per share with a trading volume of 24,926 shares. The turnover rate stood at 0.35%, reflecting the stock's volatility. Recent financial reports indicate the company generated $21.08 million in revenue but reported a net loss of $1.96 million, resulting in an earnings per share of -$0.49 and a gross profit of $111,346. The price-to-earnings ratio is currently -0.44, with no institutional ratings available for buy, hold, or sell recommendations.

Within the software services sector, which saw an overall increase of 1.10%, related stocks such as My Size, Inc., Nvni Group Limited, and Nvni Group Ltd C/Wts 01/11/2028 (To Pur Com) also showed notable gains. My Size, Inc., Lytus Technologies Holdings Ptv. Ltd., and Taoping were particularly active, with high turnover rates. DataSea Inc. is a technology company offering acoustic business services, 5G applications, and other products in China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.