Data Storage Corporation (NASDAQ:DTST) traded today at a new 52-week low of $3.75. This new low was reached on above average trading volume as 6.7 million shares traded hands, while the average 30-day volume is approximately 2.2 million shares.
Data Storage Corporation has overhead space with shares priced $3.85, or 12.6% below the average consensus analyst price target of $4.41.
Over the past year, Data Storage Corporation has traded in a range of $3.75 to $38.80 and is now at $3.85.
Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company’s solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection. It generates revenue from the sale of equipment and software for cybersecurity, data storage, IBM Power systems equipment and managed service solutions. The majority of revenue is derived from the infrastructure and Disaster Recovery/Cloud Service.
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