Document Security Systems Inc. (AMEX:DSS) Relative Strength Index (RSI) is 53.63, with weekly volatility at 3.73% and ATR at 0.14. The DSS stock’s 52-week price range has touched low of $2.45 and a $10.55 high. Intraday shares traded counted 0.65 million, which was 64.56% higher than its 30-day average trading volume of 1.83M. Its shares traded higher over the last trading session, gaining 1.72% on 06/09/21. The shares fell to a low of $2.87 before closing at $2.95. DSS’s previous close was $2.90 while the outstanding shares total 27.77M.
Investors have identified the Specialty Business Services company Document Security Systems Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $81.92 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Document Security Systems Inc. (DSS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For DSS, the company has in raw cash 52.06 million on their books with 0.5 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 59.87 million total, with 4.34 million as their total liabilities.
DSS were able to record -7.87 million as free cash flow during the 08/17/2021 quarter of the year, this saw their quarterly net cash flow reduce by 46.84 million. In cash movements, the company had a total of -7.79 million as operating cash flow.
Potential earnings growth for Document Security Systems Inc. (DSS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/17/2021 quarter of the year, Document Security Systems Inc. recorded a total of 4.94 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 14.61% coming in sequential stages and their sales for the 08/17/2021 quarter reducing by -19.2%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 3.35 million trying to sell their products during the last quarter, with the result yielding a gross income of 1.59 million. This allows shareholders to hold on to 27.77M with the recently reported earning now reading -0.21 cents per share. This is a figure that compared to analystâ€™s prediction for their 08/17/2021 (-0.15 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record -0.30 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DSS sounds very interesting.
Is the stock of DSS attractive?
In related news, 10% Owner, DOCUMENT SECURITY SYSTEMS INC bought 39,785 shares of the companyâ€™s stock in a transaction that recorded on Sep 24. The purchase was performed at an average price of 0.18, for a total value of 7,316. As the purchase deal closes, the 10% Owner, DOCUMENT SECURITY SYSTEMS INC now bought 30,000,000 shares of the companyâ€™s stock, valued at 2,400,000. Also, 10% Owner, DOCUMENT SECURITY SYSTEMS INC bought 11,000,000 shares of the companyâ€™s stock in a deal that was recorded on Jul 21. The shares were cost at an average price of 0.08 per share, with a total market value of 880,000. Following this completion of disposal, the 10% Owner, DOCUMENT SECURITY SYSTEMS INC now holds 5,000,000 shares of the companyâ€™s stock, valued at 400,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 7.16%.