In today’s recent session, 2,137,272 shares of the Document Security Systems, Inc.(NYSE:DSS) have been traded, and its beta is 2.09. Most recently the company’s share price was $4.12, and it changed around -$0.1 or -0.02% from the last close, which brings the market valuation of the company to $113.72 Million. DSS at last check was trading at a discount to its 52-week high of $15.6, offering almost -278.64% off that amount. The share price’s 52-week low was $3, which indicates that the recent value has risen by an impressive 27.18% since then. We note from Document Security Systems, Inc.’s average daily trading volume that its 10-day average is 7.44 Million shares, with the 3-month average coming to 2.72 Million.
Document Security Systems, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended DSS as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. Document Security Systems, Inc. is expected to report earnings per share of -$0.31 for the current quarter.
Document Security Systems, Inc. (NYSE:DSS): Trading Information Today
Although DSS has been showing red trend so far today with a performance of -2.37% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $4.88- on Tuesday, Feb 16 increased the stock’s daily price by 14.94%. The company’s shares are currently down -0.33% year-to-date, but still down -0.0734 over the last five days. On the other hand, Document Security Systems, Inc. (NYSE:DSS) is 0% down in the 30-day period. We can see from the shorts that 638.61 Million shares have been sold at a short interest cover period of 234.78 day(s).
The consensus price target as assigned by Wall Street analysts is $14, which translates to bears needing to increase their stock price by 239.81% from its current value. Analyst projections state that DSS is forecast to be at a low of $14 and a high of $14. In order for the stock price to hit the forecast high, the stock would need to surge +239.81% from its current level, while the stock would need to crash 239.81% from its current level to reach the projected low.
Document Security Systems, Inc. (DSS) projections and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $6.79 Million in revenue for the current quarter. 1 analysts expect Document Security Systems, Inc. to make $4.26 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarters a year ago were $6.96 Million and $5Million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.4%. Forecasts for the next quarter put sales growth at -14.8%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 50.8%. Document Security Systems, Inc. earnings are expected to decrease by -230.9% in 2021, but the outlook is negative 0% per year for the next five years.
Document Security Systems, Inc. (NYSE:DSS)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 33.92% of Document Security Systems, Inc. shares, and 3.12% of them are in the hands of institutional investors. The stock currently has a share float of 4.72%. Document Security Systems, Inc. stock is held by 21 institutions, with Jackson Wealth Management, LLC being the largest institutional investor. By Dec 30, 2020, it held 0.48% of the shares, which is about 60Thousand shares worth $374.4 Thousand.
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Credit Suisse Ag/, with 0.21% or 25.82 Thousand shares worth $117.73 Thousand as of Sep 29, 2020, holds the second largest percentage of outstanding shares.