Data Storage (DTST) Scheduled to Post Quarterly Earnings on Thursday

Data Storage (NASDAQ:DTST) will be announcing its earnings results before the market opens on Thursday, March 28th. Persons interested in participating in the company’s earnings conference call can do so using this link.

Data Storage Stock Performance

Shares of DTST opened at $7.34 on Wednesday. The company has a market cap of $50.35 million, a PE ratio of -18.35 and a beta of 0.43. The firm has a 50-day moving average of $4.54 and a 200-day moving average of $3.62. Data Storage has a one year low of $1.60 and a one year high of $7.62. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.88 and a quick ratio of 3.88.

Institutional Investors Weigh In On Data Storage

Several hedge funds have recently bought and sold shares of DTST. Renaissance Technologies LLC bought a new stake in Data Storage in the second quarter valued at approximately $117,000. Vanguard Group Inc. increased its holdings in shares of Data Storage by 62.5% during the 3rd quarter. Vanguard Group Inc. now owns 103,899 shares of the company’s stock worth $212,000 after acquiring an additional 39,948 shares during the last quarter. Millennium Management LLC bought a new position in shares of Data Storage in the second quarter valued at about $84,000. Citadel Advisors LLC bought a new position in Data Storage in the 4th quarter valued at about $81,000. Finally, Jane Street Group LLC bought a new position in shares of Data Storage during the first quarter worth approximately $46,000. 8.61% of the stock is currently owned by institutional investors and hedge funds.

About Data Storage

Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States. The company offers data protection and disaster recovery solutions; high availability, data vaulting, retention, Infrastructure as a Service, standby server, support and maintenance, and internet solutions.