Document Security Systems, Inc. (DSS) Stock: A Strong Pick In The technology Industry?

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Document Security Systems, Inc. (DSS) is headed up in the market in today’s trading session. The stock, one that is focused in the technology industry, is currently trading at $1.39 after a move down of -6.08% so far in today’s session. In terms of technology companies, there are a number of aspects that have the potential to generate declines in the market. One of the most common is news. Here are the most recent trending headlines centered around DSS:

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Mar-05-19 07:30AM Document Security Systems, Inc. Signs Exclusive Master Distributor Agreement
Feb-12-19 07:30AM Document Security Systems, Inc. Releases Advanced Brand Protection Application for Supply Chain Investigators
Jan-23-19 09:01AM Document Security Systems, Inc. Expands Presence in Asia with Opening of Guangzhou, China Office
Jan-14-19 04:22PM Penny Stocks to Watch for January 2019
Dec-06-18 06:22AM How Financially Strong Is Document Security Systems Inc (NYSEMKT:DSS)?

Nonetheless, any time investors are making an investing decision, prospective investors should look into much more than just news, especially in the ever (changing|evolving) tech industry. Here’s what’s happening with Document Security Systems, Inc..

The Performance That We’ve Seen From DSS

Although a decline in a single session, like what we’re seeing from Document Security Systems, Inc. may lead to fear in some investors, a single session move by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It is generally a good idea to look into trends beyond a single session. In the case of DSS, below are the trends that we have seen:

  • Past 5 Trading Sessions – Over the past five trading sessions, DSS has produced a change in price in the amount of 3.73%.
  • Past 30 Days – The monthly performance from Document Security Systems, Inc. works out to 20.87%.
  • Past 3 Months – In the last quarter, the stock has produced a return on investment that comes to 56.18%
  • Past Six Months – In the last six months, we’ve seen a change that amounts to 11.20% from the stock.
  • This Year So Far – Since the the last trading session of last year DSS has generated a ROI of 89.74%.
  • Full Year – Lastly, over the last year, we’ve seen performance that comes to 18.80% out of DSS. Throughout this period, the stock has traded at a high price of -30.15% and a low price of 124.19%.

Crucial Ratios

Digging into a few ratios having to do with a company generally gives prospective investors a look of just how dangerous and/or potentially profitable a an investment option might be. Here are some of the most important ratios to think about when looking at DSS.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it means that more investors are expecting that the value of the stock is headed for declines. Throughout the sector, strong tech stocks tend to have a lower short ratio. However, we also see a lot of short squeezes in the space. Nonetheless, as it relates to Document Security Systems, Inc., the stock’s short ratio is 0.31.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Basically, they measure whether or not a company can pay for its debts when they mature with only current assets or quick assets. In the technology space, companies are reliant on continued support from investors as they work to bring new technologies to market, these ratios can seem damning. Nonetheless, some good picks in the technology sector do have good quick and current ratios. As far as DSS, the quick and current ratios come to 0.90 and 1.20 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price. as it relates to Document Security Systems, Inc., the book to share value ratio comes in at 0.45.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. In the case of DSS, the cash to share value ratio comes to 0.13.

Is Big Money Interested in Document Security Systems, Inc.?

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in DSS, here’s what we’re seeing:

Institutions own 3.40% of the company. Institutional interest has moved by -4.25% over the past three months. When it comes to insiders, those who are close to the company currently own 28.64% percent of DSS shares. Institutions have seen ownership changes of an accumulative 15.38% over the last three months.

How Analysts Feel About Document Security Systems, Inc.

While it’s rarely a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their opinions when validating your own due diligence before making investment decisions in the tech space. Below you’ll find|Here are} the recent moves that we have seen from analysts with regard to DSS.

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Jul-22-13 Initiated Dawson James Buy $4

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.06. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, DSS has generated revenue in the amount of $1.20% with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 3.40%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 17.91M shares of Document Security Systems, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, DSS has a float of 12.00M.

I also find it important to dig into the short percentage of the float. Think about it, when a large percentage of the float is shorted, the overall opinion among investors is that the equity is going to lose value. In regard to DSS, the percentage of the float that is shorted currently sits at 1.57%. Most investors would say that a concerning short percent of the float would be considered to be anything over 40%. Nonetheless, I’ve found that any short ratio over 26% is usually a risky play.

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