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NASDAQ:DTST

Data Storage (DTST) Stock Price, News & Analysis

Data Storage logo
$3.44
-0.04 (-1.15%)
(As of 10/31/2024 ET)

About Data Storage Stock (NASDAQ:DTST)

Key Stats

Today's Range
$3.36
$3.54
50-Day Range
$3.32
$4.11
52-Week Range
$2.62
$8.00
Volume
17,543 shs
Average Volume
101,756 shs
Market Capitalization
$23.98 million
P/E Ratio
172.00
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Data Storage Corporation provides data management and cloud solutions in the United States and internationally. It offers a suite of multi-cloud IT solutions, including cyber security solutions, which comprise ezSecurity, a security solution for endpoint security, system assessments, and risk analysis, as well as IBM system protection, including Ransomware defense. The company also provides data protection and recovery solutions, such as ezVault for offsite data protection; ezRecovery for fast data recovery; ezAvailability for real-time data replication with minimal recovery objectives; and ezMirror for data mirroring at the storage level. In addition, it offers cloud hosted production systems comprising ezHost, which delivers managed cloud services; and voice and data solutions, including Nexxis, which specializes in voice over internet protocol, internet access, and data transport solutions, which comprise dedicated internet services, SD-WAN options, and a cloud-based PBX solution. The company offers its solutions and services to businesses in healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. Data Storage Corporation was founded in 2001 and is headquartered in Melville, New York.

Data Storage Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
18th Percentile Overall Score

DTST MarketRank™: 

Data Storage scored higher than 18% of companies evaluated by MarketBeat, and ranked 606th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Data Storage is 172.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.07.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Data Storage is 172.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 263.88.

  • Price to Book Value per Share Ratio

    Data Storage has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Data Storage's valuation and earnings.
  • Percentage of Shares Shorted

    8.66% of the float of Data Storage has been sold short.
  • Short Interest Ratio / Days to Cover

    Data Storage has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in Data Storage has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Data Storage does not currently pay a dividend.

  • Dividend Growth

    Data Storage does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.66% of the float of Data Storage has been sold short.
  • Short Interest Ratio / Days to Cover

    Data Storage has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in Data Storage has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Data Storage has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Data Storage this week, compared to 1 article on an average week.
  • Search Interest

    Only 4 people have searched for DTST on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Data Storage to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Data Storage insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    42.18% of the stock of Data Storage is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 11.56% of the stock of Data Storage is held by institutions.

  • Read more about Data Storage's insider trading history.
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DTST Stock News Headlines

Unveiled: NVIDIA’s "Secret Royalty" Program
Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?
Data Security And The Future Of Cybersecurity
Is sustainable data storage a paradox?
See More Headlines

DTST Stock Analysis - Frequently Asked Questions

Data Storage's stock was trading at $2.88 at the beginning of the year. Since then, DTST stock has increased by 19.4% and is now trading at $3.44.
View the best growth stocks for 2024 here
.

Data Storage Co. (NASDAQ:DTST) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.03 by $0.07. The firm earned $4.91 million during the quarter. Data Storage had a trailing twelve-month return on equity of 1.08% and a net margin of 0.86%.

Top institutional investors of Data Storage include Heritage Investors Management Corp (0.43%).
View institutional ownership trends
.

Shares of DTST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Data Storage investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Disc Medicine (IRON), Jabil (JBL) and Adobe (ADBE).

Company Calendar

Last Earnings
8/14/2024
Today
10/31/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Current Symbol
NASDAQ:DTST
Fax
N/A
Employees
60
Year Founded
N/A

Profitability

Net Income
$380,000.00
Pretax Margin
0.62%

Debt

Sales & Book Value

Annual Sales
$25.32 million
Cash Flow
$0.24 per share
Book Value
$2.88 per share

Miscellaneous

Free Float
4,045,000
Market Cap
$23.98 million
Optionable
Not Optionable
Beta
0.73
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This page (NASDAQ:DTST) was last updated on 10/31/2024 by MarketBeat.com Staff
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