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Tag: Datasea Inc

  • Datasea (DTSS) Sees Positive Financial Growth Through Strategic Partnerships

    Datasea (DTSS) Sees Positive Financial Growth Through Strategic Partnerships

    Datasea Inc. (NASDAQ: DTSS) experienced a significant rise on the US charts, with shares price increased 30.67% to conclude the trading at $2.94 on Tuesday. This surge comes on the back of DTSS’ recent strategic collaborations, further solidifying its position in the 5G-AI digital services industry.

    Datasea Entered New Agreements to Expand 5G-AI Services

    On August 12, 2024, Datasea’s subsidiaries, Shuhai Information Technology Co., Ltd. and Guozhong Times (Beijing) Technology Co., Ltd., entered into agreements with Qingdao Ruizhi Yixing Information Technology Co., Ltd.

    The focus of these agreements is to supply advanced 5G-AI multimodal digital services, aligning with Datasea’s commitment to providing innovative technological solutions. These services aim to enhance the business operations of Qingdao Ruizhi Yixing and are tailored to meet their specific customer needs.

    Financial Impact and Service Expansion

    By September 12, 2024, Datasea had already provided services valued at approximately RMB 65.4 million (around $9.0 million) to Qingdao Ruizhi Yixing. This reflects the increasing demand for Datasea’s 5G-AI services.

    Under the terms of the agreements, Shuhai Information and Guozhong Times will continue to provide a broad range of services, including advanced marketing tools designed to improve customer engagement and business efficiency.

    Qingdao Ruizhi Yixing, a key player in mobile internet promotion services across China, is set to benefit from these enhanced solutions, underscoring the relevance and demand for 5G-AI applications in the Chinese market.

    DTSS Eyeing Future Growth and Market Leadership

    Over the course of a year, beginning on August 9, 2024, Datasea’s companies are anticipated to provide services worth an estimated $30 million. The business expects these agreements to have a major impact on its fiscal year 2025 financial performance.

    As Datasea strengthens its foothold in China’s 5G application landscape, the company plans to continue aggressive marketing efforts, potentially securing additional contracts and expanding its market share in the near future.

  • Understanding The Factors Behind Datasea (DTSS) Stock’s Current Uptick

    Understanding The Factors Behind Datasea (DTSS) Stock’s Current Uptick

    The current trading session is witnessing a remarkable uptick of 16.18% in the shares of Datasea Inc. (NASDAQ: DTSS), soaring to $7.93 per share. This surge is attributed to the recent announcement of strategic business development endeavors, which has acted as a significant catalyst for the notable rise in DTSS shares on the US stock charts.

    Today, Datasea (DTSS) disclosed that its wholly-owned subsidiary, Heilongjiang Xunrui Technology Co., Ltd., has entered into a 5G AI Multimodal Communication Cooperation Agreement on March 26, 2024. The agreement was signed with Xiamen Star Miracle Information Technology Co., Ltd., a prominent provider of marketing and application services.

    The agreement outlines provisions for the purchase of 5G multimodal communication delivery services from Xunrui Technology over a period of 12 months, commencing from March 15, 2024. The estimated total value of the services under this agreement amounts to $30 million.

    This collaborative endeavor is anticipated to stimulate an influx of new customer orders, thereby solidifying Datasea’s position as a frontrunner in the AI-5G multimodal communication services sector. Aligned with DTSS’ overarching mission to emerge as a premier provider of digital technology solutions, this agreement underscores the company’s commitment to expanding its market presence within China’s 5G multimodal communication services sector.

    Datasea stands poised to capitalize on similar opportunities as it continues to forge new agreements with key stakeholders in this domain, thereby augmenting its revenue streams. Star Miracle, renowned for its provision of high-quality marketing and application services, caters to a diverse clientele comprising numerous Chinese enterprises, e-commerce platforms, and individuals, offering prepaid fuel service plans, mobile phone packages, and prepaid recharge plans.

    The agreement between Datasea’s subsidiary and Star Miracle underscores the esteemed value attributed to Datasea’s 5G multimodal communication platform, renowned for its AI-enhanced features and comprehensive suite of services. Datasea remains bullish on the sustained demand for 5G multimodal communication services within China.

    Notably, the company has reported a staggering year-over-year revenue increase of 1,037.5%, amounting to $18.2 million from 5G multimodal communication-related services during the first half of its fiscal year 2024. This exponential growth is indicative of Datasea’s adeptness in delivering efficient and premium-grade services to its clientele.

    The recently forged agreement bolsters Datasea’s earlier projection of achieving approximately $86 million in revenue for the full fiscal year ending June 30, 2024, reflecting a remarkable year-over-year increase of approximately 1,128%.

  • Datasea (DTSS) Stock Rockets As Revenue Projections Surge

    Datasea (DTSS) Stock Rockets As Revenue Projections Surge

    The share price of Datasea Inc. (NASDAQ: DTSS) has increased significantly during the current session, jumping by 88.45% to $10.61 as of the last check. The expectation of substantial revenue increase this year is driving this spike. For the fiscal year that ends on June 30, 2024, the firm has forecast revenues of around $86.0 million, which represents a stunning 1,128% growth over the $7.0 million in revenue from the previous fiscal year.

    Datasea credits good performance in both of its business sectors for this anticipated rise in revenue. With its Acoustics Intelligence solutions, the firm is seeing encouraging results in domestic sales and market penetration. It has also extended its distribution networks, especially in the US market. Datasea’s dedication to technical innovation and its capacity to provide innovative solutions that satisfy changing market demands are demonstrated by these developments.

    Leading the way in the development of ultrasonic technology, non-visual intelligent algorithms, and precision manufacturing across a range of industries, including IoT, medical aesthetics, agriculture, and healthcare, Datasea is a global pioneer in acoustic intelligence. The company’s innovative approach involves reverse engineering sound characteristics to develop solutions that leverage ultrasound, infrasound, directional sound, and Schumann resonance technology.

    In response to the ongoing pandemic, Datasea has leveraged its expertise in sound disinfection and healthcare to develop cutting-edge acoustic sterilization solutions. These solutions utilize ultrasound technology to disrupt the outer shell and internal RNA of microorganisms, including the coronavirus, effectively neutralizing harmful pathogens.

    Moreover, Datasea’s 5G-AI multimodal communication technology integrates 5G with artificial intelligence, core algorithms, and natural language processing. This technology offers a range of features including AI digital marketing, short video matrix functions, and smart AI agricultural e-commerce platforms.

    With a user base exceeding 48 million in China, Datasea is poised to provide digital and intelligent services to enterprises and individuals, leveraging its AI, machine learning, and data analytics capabilities. Datasea’s impressive performance on the US market reflects its strong revenue growth projections and commitment to technological innovation.

    With a focus on Acoustics Intelligence, sound disinfection solutions, and 5G-AI multimodal communication technology, Datasea is well-positioned to meet the evolving needs of customers and communities worldwide.

  • Datasea Inc. (DTSS) stock Plunges Further After Hours. What Happened?

    Datasea Inc. (DTSS) stock Plunges Further After Hours. What Happened?

    On March 04, Datasea Inc. (DTSS) stock fell further down after hours to trade at a value of $2.50 per share. The stock seems to be losing under profit booking as it had been bullish for more than a week.

    In the regular trading session on Friday, the stock suffered a loss of 2.59% at a below-average volume. The stock traded between a high of $2.75 and a low of $2.60 during the session. DTSS closed the session at a price of $2.63 as 224.97K shares exchanged hands. Following this, the stock plunged by a further 4.94% or $0.13 in the after hours.

    Founded in 2014, the smart security systems provider, Datasea Inc. is headquartered in China. Currently, its 24.24 million outstanding shares trade at a market capitalization of $63.76 million.

    DTSS stock Movement and Reasons

    As the Russia-Ukraine conflict escalated on February 24 and the stock market saw a downtrend, most cybersecurity stocks went up. The reason for the upsurge in cybersecurity stocks is cyber-attacks being an active part of the conflict. Thus, being a security systems provider DTSS also entered a bullish trend on February 24. The stock had been gaining since then but with occasional small profit booking events. Therefore, after gaining continuously for nearly two weeks, the stock was bound for corrections and profit booking. Subsequently, the stock fell prey to corrections and profit booking on Friday.

    Q2 Fiscal 2022 Results

    On February 11, the company declared its financial results for the fiscal Q2 2022 which ended on December 31, 2021.

    In the quarter, DTSS reported revenue of $8,979,479 against that of $126,184 for the year-ago period. This marks a humungous increase of 7016% YOY.

    Moreover, the company had a gross profit of $246,299 in fiscal Q2 2022, against $86,070 in the prior-year quarter. This marks an increase of 186% YOY.

    Additionally, the research and development expenses increased by 221% YOY to $432,355 in fiscal Q2 2022. This compares to R&D expenses of $134,509 in fiscal Q2 of 2021.

    Investopedia

    DTSS’ Partnerships for Acoustic Intelligence

    On January 18, the company announced its partnerships with leading Chinese research institutes for unlocking the full potential of acoustic intelligence in commercial applications.

    Furthermore, the company also reported China’s inaugural white paper titled “Industry development and Technology Application of Acoustic Intelligence in china”. Co-authored with the Institute of Cloud Computing and Big Data and China Academy of Information and Communications Technology, the paper details facts and analyses of acoustic-intelligence technology.

  • Datasea Inc. (DTSS) Stock Dipped in Aftermarket, Here’s What’s Happening

    Datasea Inc. (DTSS) is engaged in smart city, acoustic intelligence, and 5G messaging business. The company leverages facial recognition and other visual intelligence software along with acoustic and non-visual intelligence software, to provide smart city solutions. The company provides security services to residential areas, schools, and commercial enterprises.

    The price of DTSS stock during the regular trading on February 11, 2022, was $1.62 with an increase of 10.9%. At last check in the aftermarket, the stock dipped by 7.41%.

    DTSS: Key Financials

    On February 11, 2022, DTSS released its financial results for three months period ended December 31, 2021. Some of the key points are discussed here.

    Revenue

    Revenue in the quarter of 2021 was $8.97 million versus $0.12 million in the same period of 2020. The company observed a phenomenal increase of $8.85 million or 7016% in revenue over the yearly period. The company beat the estimated revenue target by $5.88 million.

    EPS

    Basic and diluted net loss per share in the quarter of 2021 was $1.67 million or $0.07 against $0.96 million or $0.05 in the same quarter of 2020. The company’s EPS was in-line with the estimated target.

    DTSS: Events and Happenings

    On January 18, 2022, DTSS updated about its entry into a strategic collaboration with leading Chinese research institutes to unlock acoustic intelligence potential in commercial applications. The company released its inaugural white paper regarding the aforementioned subject.

    On December 09, 2021, DTSS informed that its subsidiary had assisted ZTO Express with preliminary delivery order placement via 5G messaging services. On November 18, 2021, DTSS informed about the entry into a $378K procurement agreement by its subsidiary with China Mobile Communications Group Guangdong Co. The companies agreed upon providing Cloud Transformation Services to the consumers.

    On October 18, 2021, DTSS reported that its subsidiary had entered a $4.67 million procurement agreement with Jiangxi Zhouwang Network Technology Co., Ltd. Both the companies agreed upon providing Short Message and 5G Multimedia Message Services to the customers.

    Conclusion

    DTSS stock downplayed by 17% in the last six months period due to pandemics impacting the economies. The current aftermarket stock dip is the likely outcome of the company’s financial statement release. Although the company beat the estimated revenue target and its EPS was in-line with the estimated figures, the company showed a declining stock trend. For the upcoming quarter, the analysts estimated the revenue in the range of $3.4 million

  • Why Is Datasea (DTSS) Stock Climbing Before the Market Opens?

    Why Is Datasea (DTSS) Stock Climbing Before the Market Opens?

    In pre-market trading hours on Wednesday, shares of the technology company engaged in providing smart security solutions, smart hardware and education-related technologies in China, Datasea Inc. (DTSS) rose 1.82% to $2.79. Last session, Datasea stock fell -37.87% and closed at $2.74. The price range of DTSS stock was $2.69 to $3.799.

    A daily average of 2.08 million shares over the past 100 days was surpassed by 5.12 million shares traded in DTSS. In the last five days, DTSS shares have shed -6.48%, while in the last month they have risen 10.93%.  Following an announcement of a registered direct offering, the DTSS stock is recovering after losing value in the last session.

    DTSS signed an agreement with whom?

    A technology company in China, Datasea offers smart hardware and security solutions. DTSS also develops education-related technologies. To meet the needs of its clients, DTSS uses its proprietary technologies, innovative products, market intelligence, and intellectual property, to deliver comprehensive and optimized security and education solutions.

    The Beijing Science and Technology Commission, Beijing State Taxation Bureau, Beijing Finance Bureau, and Beijing Local Taxation Bureau have jointly certified the DTSS as one of the High Tech Enterprises. DTSS has also been certified as Zhongguancun High Tech Enterprises by the Zhongguancun Science Park Administrative Committee, recognizing the company’s achievement in high technology products.

    In an announcement yesterday, Datasea disclosed that it has signed definitive agreements with certain institution investors for the offering of registered direct securities.

    • The agreement was signed by DTSS for gross proceeds of $8,480,425.92, before commissions and expenses.
    • Assuming all customary closing conditions are met, DTSS anticipates the offering will close on or about July 22, 2021.
    • A registered offering will be conducted by DTSS in which 2,436,904 shares of common stock will be offered at a purchase price of $3.48 per share.
    • DTSS will also offer investors 0.45 unregistered warrants per share of common stock purchased in a private placement.
    • Exercise of the warrants will begin on the date of issuance, expire two and one-half years after issuance, and have an exercise price of $4.48 per DTSS share.
    • In addition to repaying debt, DTSS plans to use the net proceeds for general corporate purposes and working capital.
    • DTSS’ offerings were placed exclusively through FT Global Capital, Inc as its agent.

    Other recent development:

    Datasea announced last week that it had signed six distribution and purchase agreements through its wholly-owned subsidiary Shuhai Zhangxun Information Technology Co., Ltd. Through these agreements, 5G Message-Marketing Cloud Platform (“5G MMCP”) Version 3.0 will be provided, and by adding new district partners, product accessibility in China will be boosted nationwide.

    The six companies that have expressed an interest in 5G Messaging will pay DTSS-subsidiary a combined RMB 886,000 (roughly USD 136,940) for providing their products and services. Datasea (DTSS) subsidiary, Shuhai Zhangxun has already been given RMB 490,400 (about USD 75,776).

  • How Has The DTSS Stock Declined 7% In The Extended Trades?

    Shares of technology company engaged in providing smart security solutions, smart hardware, and education-related technologies in China, Datasea Inc. (DTSS) were down -7.17% in after-hours trading at $2.20. Datasea stock closed the regular session at $2.37, falling -5.20% or $0.13. DTSS stock traded across a range of $2.33 to $2.4987. DTSS shares exchanged hands for 32.68K, a lower number than the company’s 50-day volume of 0.16 million and lower than its Year to date volume of 0.9 million.

    DTSS stock price has fallen 15.05% over the past year, -3.27 percent over the last week. DTSS stock has gained 12.86% in the last six months and has decreased by -30.29% in the last three months. Since the beginning of the year, the DTSS share price has returned 18.50%. After announcing collaboration around 5G messages standard, DTSS stock gained nearly 5% in two days, but yesterday, investors seem to have taken profit.

    What did DTSS’ 5G collaboration entail?

    Datasea, a Chinese technology company, provides smart hardware and smart security solutions, as well as education-related technology development. Furthermore, DTSS also offers education-related technologies as part of its comprehensive and optimized security solutions. Through the leveraging of proprietary technologies, intellectual property, innovative products, and market intelligence, DTSS provides comprehensive and optimized solutions for clients. Beijing’s finance, tax, as well as science and technology authorities have jointly certified DTSS as a High Tech Enterprise. Additionally, DTSS is a Zhongguancun High Technology Enterprise recognized for its high technology products.

    According to Datasea, it has entered into a cooperation agreement with National Engineering Laboratory for Logistics Information Technology through its wholly-owned subsidiary Shuhai Zhangxun Information Technology Co., Ltd.

    • As part of the joint promotion of 5G Messaging standards in the express industry in China, DTSS’ subsidiary has joined National Engineering Laboratory.
    • YTO Express is one of the leading express companies in China.
    • YTO Express is the official sponsor of the National Engineering Laboratory, which is approved by China’s National Development and Reform Commission.
    • By partnering with DTSS, the express industry will be able to access its 5G Message-marketing Cloud Platform (5G MMCP).
    • A collaboration between DTSS and National Engineering Laboratory is also underway to develop standards for transferring and exchanging logistics information, as well as promote the use of 5G messaging services.
    • In this partnership, National Engineering Laboratory and DTSS demonstrate their abilities to work together to develop international standards for 5G messaging in the express industry.

    What will this collaboration mean for DTSS in the future?

    The collaboration represents a landmark for Datasea (DTSS) since it acknowledges the company’s technological expertise and influence within the industry. DTSS will be able to respond to the needs of express delivery companies through the formulation of 5G messaging standards, which will not only improve operational efficiency and reduce costs of marketing and communication internally but also increase end customers’ satisfaction with logistics services and products.

  • Top 20 Stocks In Software – Infrastucture Industry

    Top 20 Stocks In Software – Infrastucture Industry

    With the increase in the advancement in technologies, the software industry is starting booming. Increasing demands for advanced software are also expected to fuel the market. Software is everywhere and this industry is considered to be an important industry as it engaged in the development of new software that provides the best services to the clients.

    This industry is huge and there are various opportunities in this industry that can be explored to grow our business. New technological advancements, new products, and a competitive market stimulated the growth of any industry. We all are well aware that the software industry is also changing every year, every month, every week, and even every day to meet the needs of their customers.  There are various opportunities in this industry one can get to grow its business.

    Check out the top 20 leading companies in the software infrastructure industry:

    Taoping Inc. (NASDAQ: TAOP)

    Taoping Inc. (NASDAQ: TAOP) Shares headed rising, higher as much as 1.44%. Taoping Inc. (TAOP) has disclosed its unaudited financial results for the six months ended June 30, 2020. Revenue was $3.7 million for the first six months of 2020, a decrease of $3.4 million, compared to $7.1 million for the same period last year. It has a market capitalization of $20.78 million at the time of writing.

    Priority Technology Holdings Inc. (NASDAQ: PRTH)

    Priority Technology Holdings Inc. (NASDAQ: PRTH) fall -4.08% after losing more than -$0.13 on Monday. Priority Technology Holdings Inc. (PRTH) disclosed that it is scheduled to participate in a virtual event as part of Alliance Global Partners’ Tech Talk series. Tom Priore, Chairman and Chief Executive Officer of Priority, will take part in a fireside chat at 11:00 a.m. EDT on October 8, 2020.

    CYREN Ltd. (NASDAQ: CYRN)

    CYREN Ltd. (NASDAQ: CYRN) last closed at $1.01, in a 52-week range of $0.31 to $1.97. CYREN Ltd. (CYRN)  has earlier revealed that it has been included as a representative vendor in Gartner’s 2020 Market Guide for Email Security, which was published on September 8, 202. The company has a total market capitalization of $61.32 million at the time of writing. Looking at its profitability its has a return on assets of -25.00%, return on equity of -75.50%, and return on investment of -50.60%.

    Synacor Inc. (SYNC)

    Synacor Inc. (SYNC) last closed at $1.52, in a 52-week range of $0.79 to $1.85. Analysts have a consensus price target of $2.22. Synacor Inc. (SYNC) announced that premium television network EPIX, an MGM Company, has deployed Cloud ID, the consumer identity and access management platform trusted by leading entertainment brands, to better serve millions of subscribers that want to view content on a range of platforms.

    Bridgeline Digital Inc. (NASDAQ: BLIN)

    Bridgeline Digital Inc. (NASDAQ: BLIN) stock drop by -0.43% to $2.33. Bridgeline Digital Inc. (BLIN) disclosed today the release of Celebros Studio 9.0. The upgrade includes a newly designed Studio, redesigned with a new and improved look-and-feel and powerful new features that drive increased revenue for eCommerce websites.

    Opera Limited (NASDAQ: OPRA)

    Opera Limited (NASDAQ: OPRA) Shares headed rising, higher as much as 2.05%. The most recent rating by Cowen, on May 21, 2020, is at an Outperform. Previously, Opera Limited (OPRA) has announced that it is planning to release a new version of its Android and desktop browsers today. The release is happening in parallel to celebrate the completely redesigned sync capabilities between the browsers. Opera for Android is reaching version 60 and Opera for desktop version 71.

    SecureWorks Corp. (NASDAQ: SCWX)

    SecureWorks Corp. (NASDAQ: SCWX) rose 1.61% after gaining more than $0.19 on Monday. SecureWorks Corp. (SCWX) has previously announced it has executed the acquisition of Delve. This company has traded up 126.28% from its 52-weeks low and moved down -34.34% from its 52-weeks high.

    Usio Inc. (NASDAQ: USIO)

    Usio Inc. (NASDAQ: USIO) last closed at $1.60, in a 52-week range of $0.75 to $3.72. Usio Inc. (USIO) earlier disclosed the closing of an underwritten public offering of common stock for gross proceeds of approximately $8 million, prior to deducting underwriting discounts and commissions and offering expenses payable by Usio.

    i3 Verticals Inc. (NASDAQ: IIIV)

    i3 Verticals Inc. (NASDAQ: IIIV) stock soar by 1.39% to $26.17. The most recent rating by Raymond James, on September 23, 2020, is at a Strong buy. i3 Verticals Inc. (IIIV) disclosed the acquisition of three companies that strengthen its vertical focus. The first acquisition is within the Company’s fast-growing Public Sector vertical. The second acquisition is within the Company’s Healthcare vertical and offers medical billing and other software. The final acquisition offers proprietary technology that will augment the Company’s existing platform across several verticals.

    CSG Systems International Inc. (NASDAQ: CSGS)

    CSG Systems International Inc. (NASDAQ: CSGS) shares headed rising, higher as much as 0.82%. The most recent rating by Sidoti, on March 10, 2020, is at a Buy. CSG Systems International Inc. (CSGS) disclosed today it has joined the Innovation Corridor, a global technology and innovation accelerator. CSG will work with Innovation Corridor partners including national labs, government, research universities, and entrepreneurs, to support the transformation of municipalities into “smart cities” using innovative technologies such as IoT, 5G, and artificial intelligence after this move.

    SPS Commerce Inc. (NASDAQ: SPSC)

    SPS Commerce Inc. (NASDAQ: SPSC) last closed at $87.79, in a 52-week range of $31.28 to $85.89. Analysts have a consensus price target of $81.71. SPS Commerce Inc. (SPSC) earlier launched the latest evolution of SPS Commerce Fulfillment for Intuit QuickBooks. The full-service EDI offering fully automates sales order fulfillment to support omnichannel retail businesses.

    Datasea Inc. (NASDAQ: DTSS)

    Datasea Inc. (NASDAQ: DTSS) shares were trading down -1.79% at $3.29 at the time of writing on Monday. Datasea Inc. (NASDAQ: DTSS) share price went from a low point around $0.82 to briefly over $7.39 in the past 52 weeks, though shares have since pulled back to $3.29. DTSS market cap has remained high, hitting $65.80M at the time of writing, giving it a price-to-sales ratio of more than 40.

    Talend S.A. (NASDAQ: TLND)

    Talend S.A. (NASDAQ: TLND) stock soar by 0.38% to $41.88. The most recent rating by Goldman, on June 07, 2019, is at a Sell. Covanta has recently selected Talend S.A. (TLND), a leader in data integration and data integrity, to serve as the foundation for its Data Hub, which will be accessed across the organization to improve operational efficiencies and ensure workplace safety.

    NetScout Systems Inc. (NASDAQ: NTCT)

    NetScout Systems Inc. (NASDAQ: NTCT) last closed at $23.87, in a 52-week range of $19.11 to $29.62. Analysts have a consensus price target of $27.30. NetScout Systems Inc. (NTCT) announced earlier the findings of its 1H 2020 Threat Intelligence Report, which reinforces the dramatic impact cybercriminals have had during the COVID-19 pandemic.

    Varonis Systems Inc. (NASDAQ: VRNS)

    Varonis Systems Inc. (NASDAQ: VRNS) stock soar by 1.05% to $126.47. The most recent rating by JMP Securities, on August 04, 2020, is at an Mkt outperform. Varonis Systems Inc. (VRNS) disclosed that it will report its third-quarter 2020 financial results following the close of the U.S. financial markets on Monday, October 26, 2020.

    Bottomline Technologies (de) Inc. (NASDAQ: EPAY)

    Bottomline Technologies (de) Inc. (NASDAQ: EPAY) Shares headed rising, higher as much as 0.71%. The most recent rating by DA Davidson, on May 04, 2020, is at a Neutral. EPAY announced a partnership with Dow Jones Risk & Compliance, which adds key data to Bottomline’s Anti-Money Laundering and Counter-Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.

    Tucows Inc. (NASDAQ: TCX)

    Tucows Inc. (NASDAQ: TCX) stock soar by 0.32% to $74.09. The most recent rating by Cantor Fitzgerald, on August 25, 2015, is at a Buy. Tucows Inc. (TCX) has a 52-weeks low range of $42.50 and a 52-weeks high range of $75.00. This company has traded up 74.33% from its 52-weeks low and moved down -1.21% from its 52-weeks high. This company has a total market capitalization of $784.61 million at the time of writing.

    Endava plc (NYSE: DAVA)

    Endava plc (NYSE: DAVA) rose 2.02% after gaining more than $1.32 on Monday. Looking at its profitability its has a return on assets of 6.60%, return on equity of 10.50%, and return on investment of 7.00%. This company has a total market capitalization of $3.63 billion at the time of writing.

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) shares headed falling, lower as much as -1.76%. The most recent rating by B. Riley FBR, on September 08, 2020, is at a Buy. Net 1 UEPS Technologies Inc. (UEPS) share price went from a low point around $2.70 to briefly over $4.45 in the past 52 weeks, though shares have since pulled back to $3.34 on Tuesday. UEPS market cap has remained high, hitting $191.85 M at the time of writing

    EVO Payments Inc. (NASDAQ: EVOP)

    EVO Payments Inc. (NASDAQ: EVOP) fall -0.43% after losing more than -$0.11 on Monday. EVO Payments Inc. (EVOP) has a 52-weeks low range of $10.12 and a 52-weeks high range of $30.00. This company has traded up 151.19% from its 52-weeks low and moved down -15.27% from its 52-weeks high.

     

  • Best Performing Stocks as Dow Leads Market Rally

    Best Performing Stocks as Dow Leads Market Rally

    The markets are in the green this afternoon with the Dow adding 200 points to make it the day’s top performer. The NASDAQ and the S&P 500 are in the green too, gaining by 142 points and 23 points respectively. The Dow’s exceptional performance is largely driven by Microsoft, which has rallied on Tiktok buyout news. Markets have also been revamped by expectations of strong earnings from major corporations, and the continuing talks between democrats and republicans over the next stimulus package.

    While there is a huge gap between what the two sides want from a stimulus, the markets are optimistic that middle ground will be found and resuscitate the economy beaten up by the COVID-19 pandemic. In this environment of high optimism, stocks are rallying, and some of the best performers this afternoon are as below:

    Datasea Inc [NASDAQ:DTSS]

    Datasea is one of the best performers this afternoon and is up by over 60%. The stock’s huge gains come after it announced that it had entered into an agreement with Beijing Tengyuenjunjie Parking Management for the installation of its control system in Nanaipingzhung Beixiang, a residential area in Beijing. The engagement has a value of $7800 and will run for three years. Through this deal, Dataset will handle the hardware, software, and installations. Commenting on the deal, CEO Liu Zhixin stated that the city of Beijing has more than 21 million inhabitants and over 6000 communities in residential setups. He added that in the long run, the company was looking to capture a significant portion of this market using its proprietary technologies.  This news plus the overall positive sentiment in the market has seen this stock rally and is likely to close the day with significant gains.

    ADT Inc [NYSE:ADT]

    ADT Inc is another top performer this afternoon and is up by 60%. These gains follow news that Google was buying a $450 million stake in the company. Through the deal, Google will have a 6.6% stake in the company. At the moment, ADT is the biggest home security company in the United States and has over 6 million customers. Commenting on the deal, ADT CEO Jim DeVries stated that the partnership with Google as part of the company’s move to stop pursuing a strategy of product agnosticism. He added that the company would integrate Amazon’s product, Alexa, into its systems if the market demands it.

    Pitney Bowes Inc [NYSE:PBI]

    Pitney Bowes Inc is another top performer this afternoon and is up by over 40%. This comes after the company announced that it had secured a government contract worth $5 million for its shipping and mailing technology. The government agency will benefit through cost-savings and a higher level of efficiency. CEO, Jason Dies stated that the company was happy to be part of the transformation process to make the government more efficient.