DatChat Inc (NASDAQ: DATS) Could Post Excellent Profits?

In the last trading session, 99341.0 shares of the DatChat Inc (NASDAQ:DATS) were traded, and its beta was 2.33. Most recently the company’s share price was $1.78, and it changed around -$0.07 or -3.78% from the last close, which brings the market valuation of the company to $5.36M. DATS currently trades at a discount to its 52-week high of $4.13, offering almost -132.02% off that amount. The share price’s 52-week low was $1.01, which indicates that the current value has risen by an impressive 43.26% since then. We note from DatChat Inc’s average daily trading volume that its 10-day average is 0.16 million shares, with the 3-month average coming to 1.30 million.

DatChat Inc (NASDAQ:DATS) trade information

Instantly DATS has showed a red trend with a performance of -3.78% at the end of last trading. The rise to weekly highs of 1.9500 on recent trading dayincreased the stock’s daily price by 8.72%. On the other hand, DatChat Inc (NASDAQ:DATS) is -7.77% down in the 30-day period. We can see from the shorts that 0.36 million shares have been sold at a short interest cover period of 0.89 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -15.32%.

DATS Dividends

DatChat Inc’s next quarterly earnings report is expected to be released in February.

DatChat Inc (NASDAQ:DATS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 9.14% of DatChat Inc shares, and 4.61% of them are in the hands of institutional investors. The stock currently has a share float of 5.07%.