Document Security Systems (NYSEAMERICAN:DSS) Shares Up 2.2%

Shares of Document Security Systems, Inc. (NYSEAMERICAN:DSS) shot up 2.2% during trading on Monday . The company traded as high as $6.68 and last traded at $6.54. 282,466 shares were traded during mid-day trading, an increase of 22% from the average session volume of 232,079 shares. The stock had previously closed at $6.40.

The business has a 50 day simple moving average of $5.69.

Document Security Systems (NYSEAMERICAN:DSS) last announced its quarterly earnings results on Monday, October 26th. The business services provider reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.11). The company had revenue of $4.17 million during the quarter, compared to the consensus estimate of $3.03 million.

An institutional investor recently bought a new position in Document Security Systems stock. Jackson Wealth Management LLC purchased a new position in Document Security Systems, Inc. (NYSEAMERICAN:DSS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 50,000 shares of the business services provider’s stock, valued at approximately $228,000. Jackson Wealth Management LLC owned approximately 1.08% of Document Security Systems at the end of the most recent quarter.

Document Security Systems Company Profile (NYSEAMERICAN:DSS)

Document Security Systems, Inc 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.

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