DatChat (NASDAQ:DATS) Trading Down 5.5% – Time to Sell?

DatChat, Inc. (NASDAQ:DATSGet Free Report) shares dropped 5.5% during mid-day trading on Tuesday . The stock traded as low as $2.89 and last traded at $2.90. Approximately 419,436 shares were traded during trading, a decline of 98% from the average daily volume of 23,133,313 shares. The stock had previously closed at $3.07.

DatChat Price Performance

The company has a market cap of $8.73 million, a P/E ratio of -1.41 and a beta of 2.46. The stock has a 50-day moving average of $2.88 and a 200 day moving average of $1.98.

About DatChat

(Get Free Report)

DatChat, Inc a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other.

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