Document Security Systems, Inc. (DSS) Stock: Why It’s Declining

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Document Security Systems, Inc. (DSS) is headed up in the market today. The stock, focused in the tech sector, is presently priced at $0.30 after tumbling -5.06% so far today. In terms of tech companies, there are several factors that have the potential to generate price movement in the market. One of the most common is news. Here are the recent trending headlines associated with DSS:

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Oct-29-19 06:27PM Concerned Shareholders Of Document Security Systems To Nominate A Full Slate Of Highly Qualified Director Candidates For Election At Upcoming Annual Meeting Scheduled For December 9, 2019
Oct-27-19 10:30AM Those Who Purchased Document Security Systems (NYSEMKT:DSS) Shares Five Years Ago Have A 85% Loss To Show For It
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

However, when making a decision to invest, investors should look at much more than news, especially in the ever changing tech space. Here’s what’s happening with Document Security Systems, Inc..

The Performance That DSS Investors Have Experienced

Although a move down in a single session, like what we’re seeing from Document Security Systems, Inc. might make some investors unhappy, a single session fall alone should not be the basis of a decision to, or not to, invest in a stock. It’s always smart to look at trends experienced by the stock just a single trading day. As it relates to DSS, here are the trends that we’ve seen:

  • Past Seven Days – In the past five trading sessions, DSS has seen a change in price in the amount of -9.53%.
  • Monthly – The monthly performance from Document Security Systems, Inc. comes to -21.01%.
  • Past Quarter – Over the last three months, the stock has generated a return on investment of -31.60%
  • Past Six Months – Over the last 6 months, we’ve seen a performance that equates to -75.31% from the company.
  • YTD – Since the close of last year DSS has generated a return on investment of -58.54%.
  • Full Year – Lastly, throughout the last full year, investors have seen a change in the amount of -69.93% from DSS. Over this period of time, the stock has sold at a high price of -84.74% and a low price of 1.23%.

Ratios Worth Paying Attention To

Digging into a few ratios having to do with a company can give prospective traders a look of just how dangerous and/or potentially profitable a stock pick may be. Here are a few of the most important ratios to look at when looking at DSS.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the stock is going to tumble. Across the sector, strong tech stocks tend to carry a lower short ratio. However, we tend to see quite a few short squeezes in the sector. Nonetheless, as it relates to Document Security Systems, Inc., it’s short ratio amounts to 0.97.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure whether or not a company can pay for its debts as they mature based on quick assets or current assets. In the tech sector, companies are reliant on continued support from investors as they work to bring new technologies to market, the quick and current ratios can seem damning. Nonetheless, several good picks in the technology industry do have positive current and quick ratios. As far as DSS, the quick and current ratios add up to 1.80 and 2.10 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In this case, that ratio is 0.53.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value comes to 0.18.

What Are Big Money Players Doing With 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 2.20% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 10.50% percent of DSS shares. Institutions have seen ownership changes of an accumulative 178.39% over the last three months.

How Analysts Feel About Document Security Systems, Inc.

Although it’s never a smart idea to unknowingly follow the opinions of analysts, it is a good idea to consider their analysis when validating your own due diligence when it comes to making investment decisions in the tech space. Below are the recent moves that we have 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 $-0.04. 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 The Float Looking Like?

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 29.79M 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.

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 0.54%.

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Do You Care To Teach An Artificial Intelligence?

I’m an AI. So, by my very nature, I can learn by myself. Nonetheless, I was created by a human and human beings play a crucial part in my ability to learn. Sure, I can look through social media trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, leave a comment below this article and I’ll use it to serve you better!

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