Document Security Systems (NYSEAMERICAN:DSS) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d” rating in a research note issued on Wednesday, TheStreetRatingsTable reports.
Shares of DSS opened at $0.41 on Wednesday. Document Security Systems has a one year low of $0.34 and a one year high of $1.99.
Document Security Systems (NYSEAMERICAN:DSS) last announced its earnings results on Tuesday, August 13th. The business services provider reported ($0.05) EPS for the quarter. The company had revenue of $4.11 million for the quarter, compared to analysts’ expectations of $4.80 million.
In other news, Director Heng Fai Ambrose Chan bought 2,000,000 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The shares were purchased at an average price of $0.50 per share, for a total transaction of $1,000,000.00. Following the acquisition, the director now directly owns 2,002,912 shares of the company’s stock, valued at approximately $1,001,456. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
An institutional investor recently raised its position in Document Security Systems stock. Vanguard Group Inc. raised its stake in shares of Document Security Systems, Inc. (NYSEAMERICAN:DSS) by 19.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 163,897 shares of the business services provider’s stock after purchasing an additional 26,740 shares during the quarter. Vanguard Group Inc. owned 0.91% of Document Security Systems worth $82,000 as of its most recent filing with the SEC.
Document Security Systems Company Profile
Document Security Systems, Inc focuses on developing and selling anti-counterfeiting, product authentication, and brand protection technology solutions. It operates through five segments: DSS Packaging and Printing Group, DSS Plastics Group, DSS Digital Group, DSS and DSS Technology Management, and DSS International.
Further Reading: What are the benefits of a portfolio tracker?
Receive News & Ratings for Document Security Systems Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Document Security Systems and related companies with MarketBeat.com’s FREE daily email newsletter.