DSS (NYSEAMERICAN:DSS) Stock Crosses Above 50 Day Moving Average of $0.00

DSS, Inc. (NYSEAMERICAN:DSS)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.00 and traded as high as $0.21. DSS shares last traded at $0.18, with a volume of 440,574 shares trading hands.

DSS Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.44 and a current ratio of 0.54.

DSS (NYSEAMERICAN:DSS) last released its quarterly earnings results on Monday, August 14th. The business services provider reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.05). The business had revenue of $7.23 million for the quarter, compared to the consensus estimate of $9.94 million. DSS had a negative net margin of 219.62% and a negative return on equity of 44.23%. On average, equities research analysts forecast that DSS, Inc. will post -0.35 EPS for the current fiscal year.

Hedge Funds Weigh In On DSS

An institutional investor recently raised its position in DSS stock. State Street Corp grew its holdings in shares of DSS, Inc. (NYSEAMERICAN:DSS) by 42.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 162,205 shares of the business services provider’s stock after acquiring an additional 48,300 shares during the period. State Street Corp owned about 0.19% of DSS worth $57,000 as of its most recent SEC filing. Institutional investors own 2.49% of the company’s stock.

DSS Company Profile

DSS, Inc operates in the product packaging, biotechnology, direct, commercial lending, securities and investment management, alternative trading, digital transformation, secure living, and alternative energy businesses. It manufactures, markets, and sells mailers, photo sleeves, custom folding cartons, and 3-dimensional direct mail solutions; and markets and distributes nutritional and personal care products.