John Argen - Data Storage Independent Director

DTST Stock  USD 4.66  0.06  1.27%   

Director

Mr. John Argen is Independent Director of Data Storage Corporationration He was a Director since 2008. Mr. Argen is a Business Consultant and Developer specializing in the information technology, telecommunications and construction industries. He is a seasoned professional that brings 30 years of experience and entrepreneurial success from working with small business owners to Fortune 500 firms. From 1992 to 2003, Mr. Argen was the CEO and founder of DCC Systems, a privately held nationwide Technology Design Build Construction Development and Consulting Solutions firm. Mr. Argen built DCC Systems from the ground up, reengineering the firm several times to meet the needs of its clientele and enabled DCC Systems to produce gross revenues exceeding 100 million dollars in 2000. Mr. Argen was a guest speaker at numerous corporate seminars and industry shows. He was featured on NBC Business Now which accredited his Technology Construction Management methodology as an innovative process for implementing high tech projects on time and within budget. Prior to DCC Systems Mr. Argen held senior management positions at ITTMetromedia and was VP of Engineering Operations at DataNet, a Wilcox Gibbs company . Throughout his corporate tenure he has worked in Operations, Marketing, Systems Engineering, Telecommunications and Information Technology. In a career that spans 30 years he has had full responsibility for technology related and construction projects worth over a billion dollars. Mr. Argen graduated Pace University with a BPS in Finance. His commitment to continued education is reflected in his completion to over 2000 hours of corporate sponsored courses. Mr. Argen also holds a Federal Communication Commission Radio Telephone 1st Class License. since 2012.
Age 59
Tenure 12 years
Address 48 South Service Road, Melville, NY, United States, 11747
Phone212 564 4922
Webhttps://www.dtst.com

Data Storage Management Efficiency

At this time, Data Storage's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.02 in 2024, whereas Return On Capital Employed is likely to drop (0.01) in 2024. At this time, Data Storage's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 1.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.2 M in 2024. Data Storage's management efficiency ratios could be used to measure how well Data Storage manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 601.47 K in liabilities with Debt to Equity (D/E) ratio of 0.1, which may suggest the company is not taking enough advantage from borrowing. Data Storage Corp has a current ratio of 4.96, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Data Storage until it has trouble settling it off, either with new capital or with free cash flow. So, Data Storage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Data Storage Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Data to invest in growth at high rates of return. When we think about Data Storage's use of debt, we should always consider it together with cash and equity.

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Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States. Data Storage Corporation is headquartered in Melville, New York. DATA STORAGE operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 60 people. Data Storage Corp (DTST) is traded on NASDAQ Exchange in USA. It is located in 48 South Service Road, Melville, NY, United States, 11747 and employs 51 people. Data Storage is listed under Application Software category by Fama And French industry classification.

Management Performance

Data Storage Corp Leadership Team

Elected by the shareholders, the Data Storage's board of directors comprises two types of representatives: Data Storage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Data. The board's role is to monitor Data Storage's management team and ensure that shareholders' interests are well served. Data Storage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Data Storage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Hoffman, Independent Director
Matthew Grosso, CTO, Executive VP, Treasurer and Corporate Secretary
Lawrence Maglione, Director
Thomas Kempster, Secretary, Director
Chris Panagiotakos, Chief Officer
Wendy Schmittzeh, Corporate Manager
Charles Piluso, Chairman, CEO and President CFO and Principal Accounting Officer
Stephen Catanzano, Executive VP
Chuck Paolillo, Chief Officer
John Argen, Independent Director
Todd Correll, Director
John Coghlan, Independent Director
Kristi Cates, Director Marketing
Mark Wyllie, Ex VP
Harold Schwartz, President Director
Clifford Stein, Independent Director

Data Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Data Storage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Data Storage

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Data Storage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Data Storage will appreciate offsetting losses from the drop in the long position's value.

Moving together with Data Stock

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Moving against Data Stock

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The ability to find closely correlated positions to Data Storage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Data Storage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Data Storage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Data Storage Corp to buy it.
The correlation of Data Storage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Data Storage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data Storage Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Data Storage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Data Storage Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Data Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Data Storage Corp Stock. Highlighted below are key reports to facilitate an investment decision about Data Storage Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Data Storage's price analysis, check to measure Data Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.
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Is Data Storage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Data Storage. If investors know Data will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Data Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
0.05
Revenue Per Share
3.648
Quarterly Revenue Growth
0.037
Return On Assets
(0)
The market value of Data Storage Corp is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data Storage's value that differs from its market value or its book value, called intrinsic value, which is Data Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Data Storage's market value can be influenced by many factors that don't directly affect Data Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Data Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.