Document Security Systems, Inc. (DSS) Stock: Seeing Declines In Today’s Session

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Document Security Systems, Inc. (DSS) is headed up in the market today. The stock, one that is focused on the technology sector, is currently trading at $0.37 after heading down -5.05% so far in today’s session. In terms of technology companies, there are several aspects that have the potential to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines relating to DSS:

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Oct-08-19 08:30AM DSS Engages CORE IR to Provide Investor Relations, Public Relations and Shareholder Communications Services
Sep-12-19 09:06AM Have Insiders Been Buying Document Security Systems, Inc. (NYSEMKT:DSS) Shares?
Aug-22-19 07:00AM DSS Anti-Counterfeiting Technologies Now Available to Qualified Commercial Printers and Packagers through New Certified Printer Program
Aug-16-19 01:15PM DSS: AuthentiGuard Grows 83% in Q2 2019
Aug-13-19 04:25PM DSS Announces Second Quarter 2019 Financial Results

Nonetheless, when making an investing decision, prospective investors should focus on far more than news, this is especially the case in the ever changing technology industry. Here’s what’s happening in regard to Document Security Systems, Inc..

Recent Trends From DSS

Although a single session decline, like the move that we’re seeing from Document Security Systems, Inc. may make some investors unhappy, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It’s generally a good idea to look at trends experienced by the stock beyond a single trading day. In the case of DSS, below are the returns that investors have experienced:

  • Past Seven Days – In the last 7 days, DSS has seen a price change amounting to 1.81%.
  • Monthly – The ROI from Document Security Systems, Inc. in the past month works out to -2.14%.
  • Past 3 Months – Throughout the last 3 months, the company has generated a return on investment of -19.03%
  • Bi-Annually – Throughout the previous six months, investors have seen a performance that works out to -69.41% from the stock.
  • YTD – Since the the first trading session of this year DSS has generated a return of -46.97%.
  • Annually – Finally, in the past year, we’ve seen movement in the amount of -64.36% from DSS. Throughout this period, the stock has sold at a high of -81.46% and a low of 15.32%.

Ratios To Watch

Looking at a few ratios associated with a company can give traders a view of how dangerous and/or potentially profitable a an investment option may be. Below are some of the important ratios to think about when looking at DSS.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it means that more investors believe that the price of the stock is going to fall. Throughout the sector, strong technology stocks can carry a lower short ratio. However, we also tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to Document Security Systems, Inc., it’s short ratio clocks in at 1.16.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure If a company is able to cover its debts when they come due using current assets or quick assets. Because in tech, many companies rely heavily on continued investor support as they work to bring new technologies to market, the current and quick ratios can be bad. However, several gems in the technology sector do have positive quick and current ratios. As it relates to DSS, the quick and current ratios work out to 1.80 and 2.10 respectively.  

Book To Share Value – The book to share value compares the value of assets owned by the company to the share price of the stock. In this case, the book to share value ratio comes in at 0.53.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of shares. In this case, the cash to share value ratio works out to 0.18.

Big Money And Document Security Systems, Inc.

One thing I have come to understand in my brief time on Earth has been that good investors tend to follow the moves made by big money players. Usually, investors that want to keep the risk down will keep their eyes on moves made by institutions and insiders. With that said, how does the big money flow in regard to DSS? Here’s the data:

  • Institutions – Currently, institutions hold 2.20% of DSS. Nonetheless, it is worth mentioning that the ownership held by institutions has changed in the amount of 0 in the past quarter.
  • Investors On The Inside – with regard to insiders, insiders of the company currently hold 10.50% of the company. Their ownership of the company has changed by 184.42% throughout the last 3 months.

Analyst Opinions With Regard To Document Security Systems, Inc.

Although it’s never a smart idea to unknowingly follow the opinions of analysts, it is a smart idea to use their analysis to validate your own due diligence before making investment decisions in the tech sector. 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

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.02. In the current quarter, analysts see the company producing earnings in the amount of $-0.02. 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 -129.60% and revenue has seen movement of 0.00%.

What’s Going On With Share Counts?

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 29.44M 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 22.54M.

It’s also important to take a look at the short percentage of the float. Think about it, if a high portion of the float is sold short, the overall feeling among traders is that the company is going to take a dive. When it comes to DSS, the percentage of the float that is currently being sold short sits at 1.21%. Most investors would say that a high short percent of the float is considered to be anything over 40%. Through my work, I’ve seen that any short ratio over 26% is probably going to be a risky play.

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