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

DecisionPoint Systems, Inc. (NYSEARCA:DPSI) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-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 Stock Performance

The stock has a fifty day simple moving average of $10.23 and a 200-day simple moving average of $10.13. The stock has a market cap of $78.02 million, a P/E ratio of 23.24 and a beta of 1.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.81 and a current ratio of 0.89.

Institutional Investors Weigh In On DecisionPoint Systems

A hedge fund recently bought a new stake in DecisionPoint Systems stock. Gabelli Funds LLC acquired a new stake in DecisionPoint Systems, Inc. (NYSEARCA:DPSI) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.08% of the company’s stock.

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.