Decisionpoint Systems (NYSEAMERICAN:DPSI) Stock Price Down 0.2%

Posted by ABMN Staff on Apr 17th, 2024

Decisionpoint Systems, Inc. (NYSEAMERICAN:DPSI – Get Free Report) shares fell 0.2% during mid-day trading on Tuesday . The stock traded as low as $8.64 and last traded at $8.64. 2,140 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 11,323 shares. The stock had previously closed at $8.66.

Decisionpoint Systems Stock Performance

The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $66.36 million, a price-to-earnings ratio of 27.00 and a beta of 1.83.

Decisionpoint Systems (NYSEAMERICAN:DPSI – Get Free Report) last issued its earnings results on Monday, April 1st. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $30.50 million for the quarter, compared to analyst estimates of $26.80 million. Decisionpoint Systems had a return on equity of 15.35% and a net margin of 2.15%. Research analysts forecast that Decisionpoint Systems, Inc. will post 0.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Decisionpoint Systems stock. Vanguard Group Inc. raised its stake in Decisionpoint Systems, Inc. (NYSEAMERICAN:DPSI – Free Report) by 2.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 247,157 shares of the company’s stock after purchasing an additional 6,300 shares during the quarter. Vanguard Group Inc. owned 3.23% of Decisionpoint Systems worth $1,236,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.98% of the company’s stock.

About Decisionpoint Systems

(Get Free Report)

Decisionpoint Systems, Inc through its subsidiaries, engages in designs, consults, and implements mobility enterprise solutions and services. It provides managed and professional services that enable customers to implement and manage complex projects; and designs, deploys, and supports mobile computing systems that enables customers to access employers' data networks.