There is no way DatChat Inc (DATS) can keep these numbers up

With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.15 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $1.57 whereas the lowest price it dropped to was $1.325. The 52-week range on DATS shows that it touched its highest point at $8.49 and its lowest point at $1.08 during that stretch. Beta for the stock currently stands at 2.43.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DATS was up-trending over the past week, with a rise of 20.80%, but this was up by 13.53% over a month. Three-month performance surged to 19.84% while six-month performance fell -8.48%. The stock lost -60.25% in the past year, while it has lost -47.39% so far this year.

Float and Shares Shorts:

At present, 3.01 million DATS shares are outstanding with a float of 2.74 million shares on hand for trading. On 2024-04-15, short shares totaled 0.2 million, which was 669.0 higher than short shares on 1710460800. In addition to Mr. Darin M. Myman as the firm’s Founder, CEO, President & Chairman of the Board of Directors, Mr. Peter Shelus serves as its Founder, CTO & Director.

Institutional Ownership:

Through their ownership of 0.0063899998 of DATS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, DATS reported revenue of $175.0 and operating income of -$2542151.0. The EBITDA in the recently reported quarter was -$2696280.0 and diluted EPS was -$1.13.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DATS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.