DecisionPoint Systems (NYSEARCA:DPSI) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

DecisionPoint Systems, Inc. (NYSEARCA:DPSI) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.23 and traded as low as $10.23. DecisionPoint Systems shares last traded at $10.23, with a volume of 0 shares trading hands.

DecisionPoint Systems Trading Down 0.0 %

The business has a 50 day simple moving average of $10.23 and a two-hundred day simple moving average of $10.13. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 0.37. The stock has a market cap of $78.02 million, a price-to-earnings ratio of 23.24 and a beta of 1.71.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in DecisionPoint Systems stock. Gabelli Funds LLC bought a new position in shares of DecisionPoint Systems, Inc. (NYSEARCA:DPSI) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 212,000 shares of the technology company’s stock, valued at approximately $2,162,000. Gabelli Funds LLC owned about 2.78% of DecisionPoint Systems as of its most recent SEC filing. 5.08% of the stock is owned by institutional investors and hedge funds.

About DecisionPoint Systems

DecisionPoint Systems, Inc, through its subsidiaries, designs, consults, and implements mobility-first enterprise solutions and retail solutions centered on point-of-sale systems and services. It provides managed and professional services that enable its customers to implement and manage complex projects; and designs, deploys, and supports mobile computing systems that enable customers to access employers' data networks.