Decisionpoint Systems (OTCMKTS:DPSI) Stock Crosses Below 50-Day Moving Average of $8.62

Decisionpoint Systems, Inc. (OTCMKTS:DPSI – Get Rating) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $8.62 and traded as low as $8.54. Decisionpoint Systems shares last traded at $9.16, with a volume of 63,343 shares changing hands.

Decisionpoint Systems Stock Performance

The stock has a market cap of $65.17 million, a P/E ratio of 41.64 and a beta of 1.80. The company has a fifty day moving average price of $8.68 and a 200 day moving average price of $6.96. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.91.

Decisionpoint Systems (OTCMKTS:DPSI – Get Rating) last announced its earnings results on Monday, November 14th. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.14. The company had revenue of $25.71 million for the quarter, compared to analysts’ expectations of $20.95 million. Decisionpoint Systems had a return on equity of 11.71% and a net margin of 2.22%. On average, equities analysts expect that Decisionpoint Systems, Inc. will post 0.36 EPS for the current year.

Insider Buying and Selling at Decisionpoint Systems

In other news, CEO Steven F. Smith sold 7,900 shares of Decisionpoint Systems stock in a transaction on Monday, December 5th. The stock was sold at an average price of $9.39, for a total transaction of $74,181.00. Following the sale, the chief executive officer now directly owns 561,809 shares in the company, valued at approximately $5,275,386.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Steven F. Smith sold 7,900 shares of the firm’s stock in a transaction dated Monday, December 5th. The shares were sold at an average price of $9.39, for a total transaction of $74,181.00. Following the completion of the sale, the chief executive officer now owns 561,809 shares in the company, valued at $5,275,386.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Steven F. Smith sold 12,688 shares of the firm’s stock in a transaction dated Friday, December 2nd. The stock was sold at an average price of $8.63, for a total transaction of $109,497.44. Following the sale, the chief executive officer now owns 569,709 shares of the company’s stock, valued at approximately $4,916,588.67. The disclosure for this sale can be found here. Corporate insiders own 23.00% of the company’s stock.

Hedge Funds Weigh In On Decisionpoint Systems

Several large investors have recently modified their holdings of DPSI. Perritt Capital Management Inc. purchased a new position in Decisionpoint Systems during the third quarter valued at approximately $255,000. State Street Corp grew its stake in Decisionpoint Systems by 14.1% during the third quarter. State Street Corp now owns 17,832 shares of the technology company’s stock valued at $114,000 after acquiring an additional 2,200 shares in the last quarter. Merit Financial Group LLC purchased a new position in Decisionpoint Systems during the third quarter valued at approximately $96,000. Finally, Citadel Advisors LLC purchased a new position in Decisionpoint Systems during the third quarter valued at approximately $82,000. Hedge funds and other institutional investors own 4.25% of the company’s stock.

About Decisionpoint Systems

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DecisionPoint Systems, Inc operates as an enterprise mobility systems integrator. The firm sells and installs mobile computing and wireless systems which are used both within a company’s facilities in conjunction with wireless networks and in the field using carrier-based wireless networks. It offers mobile retail solutions, mobile field service management, mobile merchandising, sales and delivery, warehouse solutions, mobile design, development, and deployment services.