DatChat Inc (NASDAQ: DATS) is 58.43% 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 $2.77 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $2.82, the stock is 4.58% and 9.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 1.81% at the moment leaves the stock 20.27% off its SMA200. DATS registered 121.99% gain for a year compared to 6-month gain of 66.86%.
The stock witnessed a 7.63% loss in the last 1 month and extending the period to 3 months gives it a 15.10%, and is -3.42% down 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 4.71% over the week and 5.23% over the month.
DatChat Inc (DATS) has around 10 employees, a market worth around $11.87M and $0.00M in sales. Distance from 52-week low is 179.21% and -69.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.49%).
The shares outstanding are 4.21M, and float is at 3.93M with Short Float at 4.95%.
The top institutional shareholder in the company is HIGHTOWER ADVISORS, LLC with over 25383.0 shares valued at $28000.0. The investor’s holdings represent 0.8435 of the DATS Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 19362.0 shares valued at $21684.0 to account for 0.6434 of the shares outstanding. The other top investors are TOWER RESEARCH CAPITAL LLC (TRC) which holds 6426.0 shares representing 0.2135 and valued at over $7197.0, while ADVISOR GROUP HOLDINGS, INC. holds 0.1206 of the shares totaling 3630.0 with a market value of $4065.0.
