DSP stock

Viant Technology Inc. (NASDAQ: DSP) is a company that operates as an advertising technology platform. Here is an analysis of the company's stock: 1. **Financial Metrics**: - **Price to Book Ratio**: DSP's price to book ratio as of August 15, 2024, is 10.32. This indicates that the market values the company at more than the value of its tangible assets. - **P/S Ratio**: The price to sales ratio is 2.57, which suggests that the market is valuing the company's sales at a premium. - **P/E Ratio**: The price to earnings ratio (TTM) is -774.21. This is negative, which could indicate that the company is not profitable or that the market has very high expectations for future earnings growth. |code|stock code|stock name|last-price|last-change|Price to Book Ratio[20240815]|P/S[20240814]|P/E(TTM)[20240814]|market_code| |---|---|---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|10.3221|2.567517355419717|-774.208728|185| - **Gross Profit Margin**: The company has a gross profit margin of 100%, which is exceptionally high and suggests that the company is highly profitable. - **Net Income**: DSP reported a net income of $1.49 million, which is a positive indicator but may not be sufficient for a company of its size. |code|stock code|stock name|last-price|last-change|Total Revenue[20240630]|ROE(Average)[20240630]|Net Income[20240630]|Gross Profit Margin[20240630]|Dividend Yield (TTM)[20240815]|Diluted EPS[20240630]|market_code| |---|---|---|---|---|---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|6.5866E7|-1.3585|1488000|100||0|185| 2. **Technical Indicators**: - **Moving Averages**: The 5-day, 10-day, and 50-day moving averages are $9.79, $9.77, and $10.21, respectively. The proximity of these averages suggests that the stock is trading in a narrow range. - **MACD**: The Moving Average Convergence Divergence (MACD) is -0.28, which could indicate a bearish trend or potential for price decline. - **RSI**: The Relative Strength Index (RSI) is 36.08, which is close to the oversold threshold of 30 and could suggest that the stock may be undervalued or due for a rebound. |code|stock code|stock name|last-price|last-change|50-Day Moving Average[20240815]|5-Day Moving Average[20240815]|10-Day Moving Average[20240815]|market_code| |---|---|---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|10.2139|9.7860|9.7650|185| |code|stock code|stock name|last-price|last-change|RSI[20240814]|MACD[20240815]|KDJ[20240814]|market_code| |---|---|---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|36.0814|-0.2785|31.3365|185| 3. **Market Sentiment and Analyst Ratings**: - **Average Price Target**: The average price target for DSP is $11.67, with a consensus rating of "Neutral" and one "Buy" and one "Sell" rating. - **Consensus Rating**: The consensus rating is "Moderate Buy" with an average price target of $11.80. |code|stock code|stock name|last-price|last-change|Consensus Rating[20240814]|Average Price Target[20240814]|Number of Strong Buy Rating[20240814]|Number of Buy Rating[20240814]|Number of Neutral Rating[20240814]|Number of Sell Rating[20240814]|Number of Strong Sell Rating[20240814]|market_code| |---|---|---|---|---|---|---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|Neutral|11.666666666666666|1||1|||185| 4. **Recent News and Events**: - **Unusually High Trading Volume**: DSP saw unusually high trading volume on August 15, 2024, with approximately 74,712 shares changing hands. This could be indicative of market interest or potential volatility. - **Analyst Ratings Reaffirmation**: Analysts from Needham & Company LLC and Canaccord Genuity Group reaffirmed "Buy" and "Hold" ratings, respectively. |code|stock code|stock name|last-price|last-change|Net Fund Flow[20240814]|market_code| |---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|-235159.97|185| |code|stock code|stock name|last-price|last-change|Consensus Rating[20240814]|Average Price Target[20240814]|Number of Strong Buy Rating[20240814]|Number of Buy Rating[20240814]|Number of Neutral Rating[20240814]|Number of Sell Rating[20240814]|Number of Strong Sell Rating[20240814]|market_code| |---|---|---|---|---|---|---|---|---|---|---|---|---| |DSP|DSP.O|Viant Technology|10.375|7.069143446852431|Neutral|11.666666666666666|1||1|||185| 5. **Conclusion and Recommendations**: - DSP's financial metrics show a mixed picture, with a high gross profit margin but a negative P/E ratio and net income that may be considered modest. - The technical indicators suggest that the stock is trading in a narrow range and that there is potential for both downside risk and rebound. - The market sentiment, with a "Neutral" consensus rating and a recent increase in the average price target, indicates that analysts see some potential for growth but are cautious about the company's profitability. - Given the mixed signals, investors should conduct further research and consider their risk tolerance before making an investment decision.