The Price And Volume Action In Document Security Systems, Inc. Common Stock s Stock Today
Document Security Systems, Inc. Common Stock’s (AMEX:DSS) stock has been rising Wednesday, up 4.5% to a price of $6.67. Wednesday the stock has been traded at a volume of 164.54 thousand, about 68.42% of its recent 30-day volume average of 240.50 thousand.
Why It’s Moving
Benzinga Pro s real-time breaking news service shows some insight into what is affecting shares: Document Security Systems shares are trading higher after the company s Impact BioMedical subsidiary entered an exclusive distribution agreement with BioMed Technology Asia Pacific Holdings Limited.
Further Analysis of Recent Price Action
5:24 pm
Document Security Systems with ticker code (DSS) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 14 and 13.5 and has a mean target at 13.75. Now with the previous closing price of 5.19 this now indicates there is a potential upside of 164.9%. The 50 day moving average now sits at 5.11 and the 200 day MA is 6.41. The market capitalisation for the company is $30m. Company Website: http://www.dsssecure.com
Document Security Systems focuses on developing and selling counterfeit prevention, brand protection, and validation of authentic print media products. It operates through five segments: DSS Packaging and Printing Group, DSS Plastics Group, DSS Digital Group, DSS Technology Management, and DSS International. The company emphasizes on fraud and counterfeit prevention for various forms of printed documents and digital information. It markets its primary anti-counterfeiting products an