Why Invest In DatChat Inc (DATS) Stock?

DatChat Inc (NASDAQ:DATS) has a beta value of 2.35 and has seen 17.59 million shares traded in the recent trading session. The company, currently valued at $9.30M, closed the recent trade at $3.09 per share which meant it gained $1.13 on the day or 57.65% during that session. The DATS stock price is -33.66% off its 52-week high price of $4.13 and 67.31% above the 52-week low of $1.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.19 million shares traded. The 3-month trading volume is 1.31 million shares.

DatChat Inc (NASDAQ:DATS) trade information

Sporting 57.65% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the DATS stock price touched $3.09 or saw a fall of -5.82%. Year-to-date, DatChat Inc shares have moved 73.60%, while the 5-day performance has seen it change 67.03%. Over the past 30 days, the shares of DatChat Inc (NASDAQ:DATS) have changed 78.61%. Short interest in the company has seen 0.36 million shares shorted with days to cover at 0.89.

DatChat Inc (DATS) estimates and forecasts

The company’s shares have gained 188.79% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -15.32% over the past 5 years.

DATS Dividends

DatChat Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

DatChat Inc (NASDAQ:DATS)’s Major holders

Insiders own 9.14% of the company shares, while shares held by institutions stand at 4.61% with a share float percentage of 5.07%. Investors are also buoyed by the number of investors in a company, with DatChat Inc having a total of 13.0 institutions that hold shares in the company.