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DatChat Inc (DATS) – Don’t Believe the Hype: Check The Facts

DatChat Inc (NASDAQ: DATS) is 178.65% higher on its value in year-to-date trading and has touched a low of $1.01 and a high of $9.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DATS stock was last observed hovering at around $4.48 in the last trading session, with the day’s gains setting it 0.48%.

Currently trading at $4.96, the stock is 40.93% and 92.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.63 million and changing 10.71% at the moment leaves the stock 199.44% off its SMA200. DATS registered 251.77% gain for a year compared to 6-month loss of 191.76%. The firm has a 50-day simple moving average (SMA 50) of $2.516 and a 200-day simple moving average (SMA200) of $1.63876.

The stock witnessed a 206.17% gain in the last 1 month and extending the period to 3 months gives it a 284.50%, and is 1.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 35.65% over the week and 37.81% over the month.

DatChat Inc (DATS) has around 12 employees, a market worth around $20.88M and $0.00M in sales. Profit margin for the company is -921709.90%. Distance from 52-week low is 391.09% and -46.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-67.03%).

13.0 institutions hold shares in DatChat Inc (DATS), with institutional investors hold 5.07% of the company’s shares. The shares outstanding are 3.01M, and float is at 2.73M with Short Float at 5.37%. Institutions hold 4.61% of the Float.

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