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Decisionpoint Systems (OTCMKTS:DPSI) Stock Passes Above 50 Day Moving Average of $8.93

Defense World ·  Feb 1, 2023 03:51

Decisionpoint Systems, Inc. (OTCMKTS:DPSI – Get Rating) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.93 and traded as high as $9.19. Decisionpoint Systems shares last traded at $9.11, with a volume of 12,777 shares changing hands.

Decisionpoint Systems Stock Up 2.8 %

The firm's fifty day moving average price is $8.93 and its two-hundred day moving average price is $7.12. The stock has a market cap of $66.41 million, a price-to-earnings ratio of 36.44 and a beta of 1.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.91.

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Decisionpoint Systems (OTCMKTS:DPSI – Get Rating) last released its quarterly earnings results on Monday, November 14th. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.14. Decisionpoint Systems had a return on equity of 11.71% and a net margin of 2.22%. The business had revenue of $25.71 million during the quarter, compared to the consensus estimate of $20.95 million. Sell-side analysts forecast that Decisionpoint Systems, Inc. will post 0.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Decisionpoint Systems

In other news, CEO Steven F. Smith sold 12,688 shares of the stock in a transaction on Friday, December 2nd. The stock was sold at an average price of $8.63, for a total transaction of $109,497.44. Following the completion of the transaction, the chief executive officer now owns 569,709 shares in the company, valued at approximately $4,916,588.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Steven F. Smith sold 12,688 shares of the business's stock in a transaction that occurred on Friday, December 2nd. The shares were sold at an average price of $8.63, for a total transaction of $109,497.44. Following the completion of the transaction, the chief executive officer now owns 569,709 shares of the company's stock, valued at $4,916,588.67. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Steven F. Smith sold 7,900 shares of the business's stock in a transaction on Monday, December 5th. The shares were sold at an average price of $9.39, for a total transaction of $74,181.00. Following the transaction, the chief executive officer now owns 561,809 shares of the company's stock, valued at $5,275,386.51. The disclosure for this sale can be found here. Corporate insiders own 23.00% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Perritt Capital Management Inc. purchased a new stake in Decisionpoint Systems in the 3rd quarter worth approximately $255,000. State Street Corp boosted its position in Decisionpoint Systems by 14.1% during the 3rd quarter. State Street Corp now owns 17,832 shares of the technology company's stock valued at $114,000 after acquiring an additional 2,200 shares in the last quarter. Merit Financial Group LLC purchased a new position in shares of Decisionpoint Systems during the 3rd quarter worth approximately $96,000. Finally, Citadel Advisors LLC purchased a new position in shares of Decisionpoint Systems in the 3rd quarter valued at approximately $82,000. 4.25% of the stock is owned by hedge funds and other institutional investors.

Decisionpoint Systems Company Profile

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DecisionPoint Systems, Inc operates as an enterprise mobility systems integrator. The firm sells and installs mobile computing and wireless systems which are used both within a company's facilities in conjunction with wireless networks and in the field using carrier-based wireless networks. It offers mobile retail solutions, mobile field service management, mobile merchandising, sales and delivery, warehouse solutions, mobile design, development, and deployment services.

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