DSS (NYSEAMERICAN:DSS) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

DSS, Inc. (NYSEAMERICAN:DSS) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.00 and traded as high as $0.95. DSS shares last traded at $0.94, with a volume of 9,540 shares trading hands.

DSS Stock Up 2.2 %

The company has a quick ratio of 1.11, a current ratio of 1.16 and a debt-to-equity ratio of 0.11.

Insider Transactions at DSS

In other news, Director Heng Fai Ambrose Chan acquired 205,149 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average cost of $0.97 per share, for a total transaction of $198,994.53. Following the completion of the acquisition, the director now owns 1,184,475 shares in the company, valued at $1,148,940.75. This represents a 20.95 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 59.30% of the stock is owned by insiders.

Hedge Funds Weigh In On DSS

A hedge fund recently bought a new stake in DSS stock. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of DSS, Inc. (NYSEAMERICAN:DSS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,501 shares of the business services provider’s stock, valued at approximately $32,000. Ferguson Wellman Capital Management Inc. owned about 0.36% of DSS as of its most recent filing with the Securities and Exchange Commission (SEC). 53.33% of the stock is owned by hedge funds and other institutional investors.

DSS Company Profile

DSS, Inc operates in the product packaging, biotechnology, commercial lending, securities and investment management, alternative trading, and direct marketing businesses. It manufactures, markets, and sells mailers, photo sleeves, custom folding cartons, and 3-dimensional direct mail solutions; and markets and distributes nutritional and personal care products.