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How to Buy Data Storage Stock

Data Storage Corp

Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States.

Data Storage stock last closed at $6.04, down 5.92% from the previous day, and has increased 133.2% in one year. It has overperformed other stocks in the Information Technology Services industry by 1.22 percentage points. Data Storage stock is currently +141.6% from its 52-week low of $2.50, and -24.5% from its 52-week high of $8.00.

At the moment, there are 6.97M DTST shares outstanding. The market capitalization of DTST is $42.10M. In the past 24 hours, 115,511 DTST shares were traded.

How to Buy Data Storage Stock

Not sure how to invest in Data Storage stock? Here's how.
  1. Choose where to buy Data Storage stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Data Storage stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. Research Data Storage stock: The Data Storage ticker symbol is DTST. Is Data Storage stock a good investment? Should you buy shares of DTST? How do DTST's underlying business fundamentals look? Do top analysts think Data Storage is a good buy? Why has DTST's stock price moved recently? (Hint: Our stock research website can help you figure out if DTST is a good stock to buy).
  5. Execute your DTST purchase: Decide if you will purchase DTST shares at the current market price or use a limit order to buy DTST stock at a particular price.
  6. Get the latest scoop on your DTST position: Create a watchlist to important notifications about your position in Data Storage shares.

Step 1: Choose where to buy Data Storage stock

You need a brokerage account to access the NASDAQ market and buy DTST stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best brokerage. Here's why:

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  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

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Step 2: Open a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to buy DTST stock today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to create your new brokerage account.
  1. Submit your data by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Fund your investment account

Now that you have finished signing up on app for stock market, you can securely and quickly fund your account:

Watch this video walkthrough to see the process of depositing funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Data Storage stock

Once you have chosen the best place to buy Data Storage stock, it's absolutely critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the upside.

Overview of key DTST info

DTST Price
$6.04
1w %
-1.79%
1y %
133.2%
5y %
-11.18%
P/E
54.91x
P/B
2.05x
P/S
1.63x
PEG
0.54x
Revenue
$26.32M
Earnings
$688.01k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$42.10M
Next Earnings
Aug 12, 2024
Next Dividend
N/A

DTST Zen Score

WallStreetZen was created to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on DTST's stock page.

Is DTST stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge DTST's true value.

Using relative valuations measures:

  • DTST may be overvalued based on its P/E ratio of 54.91x, relative to Information Technology Services industry P/E ratio of 29.01x
  • DTST could be undervalued based on its P/B ratio of 2.05x, relative to Information Technology Services industry P/B ratio of 4.86x
  • DTST could be undervalued based on its PEG ratio of 0.54x

You can access additional valuation analysis on DTST's stock here.

How do DTST Financials look?

Signs that DTST is financially healthy:

  • DTST profit margin has gone up from -20.2% to 2.6% in the past year.
  • DTST has a low debt to equity ratio of 0.27.
  • There are more short-term assets than long-term liabilities on the DTST balance sheet.
  • DTST's operating cash flow of $3.11M allows it to safely service it's debt of $406.86k.
  • Total DTST debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the DTST balance sheet.
  • DTST earnings of $849.85k is not enough to cover its interest payments.

DTST Momentum

SMA10
6.38
SMA20
6.38
SMA50
6.38
SMA100
5.95
SMA200
4.58
MACD
-0.03
MACD Signal
0.02
MACD Histogram
-0.05
RSI
43.72
Stochastic %K
34.28
Stochastic %D
36.03
StochRSI %K
27.53
StochRSI %D
25.01

How are DTST Revenues/Earnings doing?

Last year, DTST earnings were $688.01k. During the past three year, DTST's earnings have increased by 138.67% per year. This was faster than the Information Technology Services industry average of 7.06%.

Last year, DTST revenue was $26.32M. In the past five year, DTST's revenue has gone up by 24.1% per year. This was faster than the Information Technology Services industry average of 7.21%.

You can analyze DTST's earnings and revenue performance here.

Who is buying/selling DTST?

In the past 12 months, insiders at DTST have bought more shares than they have sold.

John Argen, Director of DTST, was the latest DTST insider to buy. They bought $1,699.32 worth of DTST shares on Dec 26, 2023.

Research more about who owns DTST shares here.

Can I rely on DTST as an income stream?

No, Data Storage doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your DTST purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, use a limit order.

Click the Open Trade button and eToro will place your order.

If you require more help with investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your DTST position

Now that you own some shares in DTST, you'll want to stay up-to-date on your new investment.

Put DTST on a watchlist to keep tabs on your DTST stock.

DTST Feed

How to Buy Stock in Data Storage

To reiterate, here are the 6 steps to buy Data Storage stock:

  1. Choose where to buy Data Storage stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Research Data Storage stock
  5. Execute your DTST purchase
  6. Get the latest scoop on your DTST position

If you are looking for a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your investment in Data Storage, create your watchlist below.

NASDAQ: DTST
$6.04-0.38 (-5.92%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: DTST
$6.04-0.38 (-5.92%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Data Storage share?

As of Jul 17, 2024, it costs $6.04 to buy one share of Data Storage stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.497 shares of DTST.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Data Storage stock?

One way to place an order for Data Storage stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.