DecisionPoint Systems (NYSEARCA:DPSI) Stock Price Passes Above 50-Day Moving Average of $8.34

DecisionPoint Systems, Inc. (NYSEARCA:DPSIGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $8.34 and traded as high as $8.65. DecisionPoint Systems shares last traded at $8.64, with a volume of 2,140 shares trading hands.

DecisionPoint Systems Stock Down 0.2 %

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.81 and a current ratio of 0.89. The company has a market cap of $65.92 million, a PE ratio of 19.64 and a beta of 1.71. The firm has a fifty day simple moving average of $8.34 and a 200 day simple moving average of $6.73.

Institutional Trading of DecisionPoint Systems

A number of institutional investors have recently modified their holdings of the company. Geode Capital Management LLC grew its holdings in shares of DecisionPoint Systems by 18.3% during the 1st quarter. Geode Capital Management LLC now owns 44,789 shares of the technology company’s stock worth $298,000 after purchasing an additional 6,942 shares during the period. IHT Wealth Management LLC acquired a new position in DecisionPoint Systems during the 4th quarter worth approximately $235,000. State Street Corp lifted its position in DecisionPoint Systems by 17.9% during the 1st quarter. State Street Corp now owns 21,032 shares of the technology company’s stock worth $140,000 after acquiring an additional 3,200 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in DecisionPoint Systems during the 3rd quarter worth approximately $82,000. Hedge funds and other institutional investors own 5.08% of the company’s stock.

About DecisionPoint Systems

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DecisionPoint Systems, Inc, through its subsidiaries, designs, consults, and implements mobility-first enterprise solutions and retail solutions centered on point-of-sale systems and services. It provides managed and professional services that enable its customers to implement and manage complex projects; and designs, deploys, and supports mobile computing systems that enable customers to access employers' data networks.

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