On Monday, shares of Jianpu Technology Inc. (NYSE:JT) marked $0.71 per share versus a previous $0.61 closing price. With having a 16.28% gain, an insight into the fundamental values of Jianpu Technology Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. JT showed a fall of -52.39% within its YTD performance, with highs and lows between $0.35 – $2.48 during the period of 52 weeks, compared to the simple moving average of -15.15% in the period of the last 200 days.
UBS equity researchers changed the status of Jianpu Technology Inc. (NYSE: JT) shares from “Neutral” to a “Sell” rating in the report published on September 4th, 2019. Other analysts, including Goldman, also published their reports on JT shares. Goldman repeated the rating from the previous report, marking JT under “Neutral” rating, in the report published on June 26th, 2019. Additionally, JT shares got another “Overweight” rating from JP Morgan.
[bold-text]Jianpu Technology Inc. (JT) Analysis[/bold-text]
The present dividend yield for JT owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -61.00%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Jianpu Technology Inc. (JT) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -26.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 2.90 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while JT is currently recording an average of 227.64K in volumes. The volatility of the stock on monthly basis is set at 18.41%, while the weekly volatility levels are marked at 25.09%with 12.84% of gain in the last seven days.
[bold-text]What to Look for When Analyzing Jianpu Technology Inc. Shares?[/bold-text]
Jianpu Technology Inc. (JT) is based in the China and it represents one of the well-known company operating with Financial sector. If you wish to compare JT shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Jianpu Technology Inc., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.32 is supported by the yearly EPS growth of -119.50%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 4.25%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 26.80% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in JT Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in JT in the recent period. That is how Morgan Stanley & Co. LLC now has an increase position in JT by 0.04% in the first quarter, owning 10.93 million shares of JT stocks, with the value of $5.56 million after the purchase of an additional 4,392 shares during the last quarter. In the meanwhile, Wells Capital Management, Inc. also increased their stake in JT shares changed 0.00% in the first quarter, which means that the company now owns 7.97 million shares of company, all valued at $4.05 million after the acquisition of additional 0 shares during the last quarter.
Yiheng Capital LLC acquired a new position in Jianpu Technology Inc. during the first quarter, with the value of $1.01 million, and Renaissance Technologies LLC increased their stake in the company’s shares by 10.38% in the first quarter, now owning 158,200 shares valued at $856094 after the acquisition of the additional 1.68 million shares during the last quarter. In the end, Wells Fargo Bank, NA increased their position by 37.29% during the first quarter, now owning 407883 JT shares, now holding the value of $207612 in JT with the purchase of the additional 0 shares during the period of the last quarter. At the present, 26.80% of JT shares are in the ownership of institutional investors.