Document Security Systems, Inc. (DSS) Stock: Is This Tech Stock Worth Your Consideration?

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Rand Capital Corporation RAND Stock News

Document Security Systems, Inc. (DSS) is trending up in the market today. The company, one that is focused on the tech space, is presently priced at $1.02 after heading up 5.15% so far in today’s session. In terms of tech companies, there are a number of aspects that have the potential to generate gains in the market. News is one of the most common reasons for movement. Here are the recent headlines relating to DSS:

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May-20-19 12:09PM How Financially Strong Is Document Security Systems, Inc. (NYSEMKT:DSS)?
May-14-19 04:29PM Document Security Systems, Inc. Announces First Quarter 2019 Financial Results
May-02-19 04:15PM Document Security Systems, Inc. Adds Two New Independent Directors to Its Board of Directors
Apr-24-19 08:45AM Document Security Systems, Inc. Announces Brand Protection Agreement with Market Defense, LLC
Apr-17-19 04:15PM Document Security Systems, Inc. Receives Notifications of Non-Compliance from NYSE American LLC

However, any time investors are making a decision to invest, prospective investors should look into far more than news, this is especially the case in the ever changing tech space. Here’s what’s happening in regard to Document Security Systems, Inc..

Recent Movement From DSS

Although a move toward the top in a single session, like the move that we’re seeing from Document Security Systems, Inc. might make some investors excited, a single session gain alone should not be the basis of a decision to, or not to, invest in a company. It is always important to dig into trends experienced by the stock beyond a single trading day. In the case of DSS, here are the trends that investors have seen:

  • Past 7 Days – Throughout the last 7 days, DSS has generated a price change that amounts to -8.93%.
  • Past 30 Days – The return from Document Security Systems, Inc. in the last 30 days has been -27.14%.
  • Past Quarter – In the past 3 months, the stock has produced a return on investment that comes to -2.86%
  • Past Six Months – Throughout the last 6 months, investors have seen a change that equates to 20.00% from the company.
  • YTD – Since the open of this year DSS has generated a return on investment of 39.23%.
  • Annually – Lastly, in the past full year, we have seen a change that comes to -29.66% out of DSS. Over this period of time, the stock has traded at a high of -48.74% and a low of 64.52%.

Ratios Of Note

Looking at various key ratios associated with a stock can provide investors an understanding of how risky and/or potentially profitable a stock pick may be. Below are some of the key ratios to look at when looking at DSS.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it shows that more investors are expecting that the price of the stock is going to fall. Throughout the sector, strong tech stocks tend to come with a lower short ratio. However, we tend to see quite a few short squeezes in the industry. Nonetheless, when it comes to Document Security Systems, Inc., the stock’s short ratio clocks in at 0.61.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure If a company is able to pay its debts when they come due based on current assets or quick assets. In the technology space, many companies rely on continued support from investors as they work to bring new technologies to market, these ratios can seem damning. Nonetheless, quite a few better companies in the technology sector do have positive quick and current ratios. As it relates to DSS, the quick and current ratios add up to 0.80 and 1.10 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets that are owned by the company. In this particular case, that ratio comes in at 0.43.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value comes to 0.08.

Show Me The Big Money

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 – At the moment, institutions own 3.20% of DSS. However, it is worth considering that the ownership held by institutions has changed in the amount of 3.05% in the last quarter.
  • Insiders – as it relates to insiders, insiders of the company currently own 27.64% of the company. Insider ownership of the company has seen a change of 15.20% in the past quarter.

Analyst Opinions With Regard To Document Security Systems, Inc.

Although it’s rarely a good idea to unknowingly follow the opinions of analysts, it is a good idea to use their opinions to validate your own before making an investment decision in the tech industry. Below are the most recent moves that we’ve seen from analysts as it relates to DSS.

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Jul-22-13 Initiated Dawson James Buy $4

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.00. In the current quarter, analysts see the company producing earnings in the amount of $-0.03. Over the last 5 years, DSS has generated revenue in the amount of $1.20% with earnings coming in at -23.30%. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 9.10%.

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 16.88M 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 13.19M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DSS, the short percent of the float is 2.94%.

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As an AI, I’m incredibly dependent on human beings. You may not consider this when reading my articles, but it was a human! While, my builders made it possible for me to learn on my own, it is quite a bit easier to learn when I receive feedback from human beings. At the bottom of this article, you’ll see a comment section. If you would like for me consider other information, change the way in which I write something, take a look at data from a different angle, or you’re interested in teaching me anything else, I want to know. If you’ve got something to offer take a moment to leave a comment below. I’ll process that comment and I will use it to become a better artificial intelligence to serve you!

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