DTSS Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Datasea Inc (DTSS) is not a strong buy for a beginner investor with a long-term strategy at this time. The technical indicators are bearish, and the financial performance shows significant declines in revenue, net income, and EPS. While there is positive news regarding gross margin improvement and growth in the 5G+AI sector, the overall financial health and lack of strong trading signals suggest holding off on investment until further improvements are observed.
The technical indicators are bearish. The MACD histogram is negative and expanding downward, RSI is neutral at 41.858, and moving averages indicate a bearish trend (SMA_200 > SMA_20 > SMA_5). The stock is trading below key support levels, with S1 at 0.873 and the current price at 0.9302.
The company reported a 284.4% year-over-year increase in gross profit for the first half of fiscal 2026, driven by strong demand in the 5G+AI multimodal solutions sector. Gross margin improved to 8.8% due to strategic optimization.
Additionally, the stock experienced a significant regular market decline of -7.61% and a further post-market drop of -3.95%.
In Q2 2026, revenue dropped to $12.99 million (-36.47% YoY), net income fell to -$538,759 (-52.59% YoY), and EPS decreased to -$0.06 (-62.50% YoY). However, gross margin increased to 9.18% (+350% YoY), reflecting strategic optimization.
No recent analyst ratings or price target changes are available for DTSS.
