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

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Document Security Systems, Inc. (DSS) is falling in the market today. The company, one that is focused in the technology sector, is currently trading at $0.26 after tumbling -15.74% so far in today’s session. As it relates to technology stocks, there are several factors that have the potential to generate declines in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines surrounding 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, prospective investors should look into much more than just news, this is especially the case in the ever changing tech industry. Here’s what’s happing when it comes to Document Security Systems, Inc..

The Performance That DSS Investors Have Experienced

While a single session decline, like the move that we’re seeing from Document Security Systems, Inc. may lead to fear in some investors, a single session fall alone 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 further out than a single trading session. In the case of DSS, below are the trends that we have seen:

  • Past 5 Sessions – In the past 5 trading sessions, DSS has generated a change in price that amounts to -24.85%.
  • Past 30 Days – The monthly ROI from Document Security Systems, Inc. has been -32.94%.
  • Past Three Months – Over the last quarter, the stock has produced a return on investment that works out to -39.32%
  • Bi-Annually – Over the previous six months, we’ve seen a change of -79.80% from the company.
  • This Year So Far – Since the open of this year DSS has generated a ROI of -65.07%.
  • Full Year – Lastly, over the past year, we’ve seen a change amounting to -73.61% out of DSS. Over this period of time, the stock has traded at a high price of -87.14% and a low of -8.64%.

Key Ratios

Digging into a few key ratios having to do with a company generally gives traders an understanding of just how dangerous and/or rewarding a an investment option may be. Below 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. The higher this short ratio, the more investors have a belief that the stock is headed for declines. Throughout the sector, strong tech stocks tend to come with a lower short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, in relation to Document Security Systems, Inc., it’s short ratio clocks in at 0.98.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure If a company is able to pay for its debts as they mature using current assets or quick assets. In the technology industry, many companies rely on continued investor support as they work to bring new technologies to market, these ratios can look bad. Nonetheless, quite a few 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 particular case, that ratio is 0.53.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of the company’s stock. In terms of DSS, the cash to share value ratio comes to 0.18.

What Institutions And Insiders Think Of 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:

  • Institutional Investors – As it stands now, institutional investors own 2.20% of the company. On the other hand, it is worth mentioning that the ownership held by institutions has changed in the amount of 0 throughout the last 3 months.
  • Investors On The Inside – When it comes to insiders, those close to the situation currently own 10.50% of the company. Their ownership of the company has seen a move of 178.39% over the past 3 months.

Analyst Opinions With Regard To Document Security Systems, Inc.

Although it’s not a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to use their opinions in order to validate your own before making an investment decision in the technology sector. Here 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

What We’ve Seen In earnings results

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%.

A Look At 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 29.79M 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.

It’s also important to pay attention to the short float. Think about it, if a large portion of the float is sold short, the overall opinion in the market is that the company is headed for a steep decline. When it comes to DSS, the percentage of the float that is sold short comes to a total of 0.54%. Most investors would say that a concerning short percent of the float is anything over 40%. In my research, I have calculated that a short percent of the float over 26% is usually a risky play.

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