Data Storage Corporation Secures Expanded Contract Servicing a Billion Dollar Insurance Company

DTST Stock  USD 3.79  0.11  2.82%   
Slightly above 61% of Data Storage's investor base is looking to short. The analysis of the overall prospects from investing in Data Storage Corp suggests that many traders are, at the present time, alarmed. Data Storage's investing sentiment can be driven by a variety of factors including economic data, Data Storage's earnings reports, geopolitical events, and overall market trends.
  
MELVILLE, N.Y., Sept. 25, 2024 -- Data Storage Corporation , a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced that its subsidiary, CloudFirst, has secured an expanded agreement through its infrastructure partner, servicing a billion-dollar insurance company. The client is currently utilizing the Companys security services for their IBMi syst

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Data Storage Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Data Storage can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Data Storage Fundamental Analysis

We analyze Data Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Data Storage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Data Storage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Shares Owned By Insiders

Shares Owned By Insiders Comparative Analysis

Data Storage is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Data Storage Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Data Storage stock to make a market-neutral strategy. Peer analysis of Data Storage could also be used in its relative valuation, which is a method of valuing Data Storage by comparing valuation metrics with similar companies.

Peers

Data Storage Related Equities

CLVTCLARIVATE PLC   3.23   
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FISFidelity National   0.72   
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22.0%
JKHYJack Henry   0.50   
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WNSWNS Holdings   0.19   
5.0%
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BRBroadridge Financial   0.27   
8.0%
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CTSHCognizant Technology   0.38   
11.0%
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CDWCDW Corp   0.59   
18.0%
0%
IBMInternational Business   0.83   
25.0%
0%
EPAMEPAM Systems   1.16   
35.0%
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Additional Tools for Data Stock Analysis

When running Data Storage's price analysis, check to measure Data Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.