Document Security Systems (NYSEAMERICAN:DSS) Stock Price Up 10.4%

Document Security Systems, Inc. (NYSEAMERICAN:DSS)’s share price rose 10.4% on Monday . The stock traded as high as $1.58 and last traded at $1.49. Approximately 9,410,322 shares traded hands during trading, an increase of 185% from the average daily volume of 3,302,479 shares. The stock had previously closed at $1.35.

The company has a debt-to-equity ratio of 0.04, a current ratio of 7.93 and a quick ratio of 7.64. The company has a market cap of $94.63 million, a price-to-earnings ratio of 2.37 and a beta of 1.94.

Hedge funds have recently modified their holdings of the company. Northern Trust Corp bought a new position in shares of Document Security Systems during the first quarter worth about $177,000. Goldman Sachs Group Inc. bought a new position in shares of Document Security Systems during the first quarter worth about $474,000. Advisory Services Network LLC bought a new position in shares of Document Security Systems during the first quarter worth about $140,000. Bank of New York Mellon Corp bought a new position in shares of Document Security Systems during the first quarter worth about $58,000. Finally, Citadel Advisors LLC bought a new position in Document Security Systems in the first quarter worth about $131,000. 14.63% of the stock is currently owned by institutional investors and hedge funds.

Document Security Systems Company Profile (NYSEAMERICAN:DSS)

Document Security Systems, Inc engages in the development and distribution of paper and plastic products designed to protect valuable information from unauthorized scanning, copying, and digital imaging. It operates through the following segments: Packaging and Printing, Plastics, Digital, Technology Management, Direct Marketing, and Corporate.

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