TCTM Kids IT Education Inc. ADR (TCTM)’s stock has witnessed a price hike of 30.71% from the previous close with its current price standing at $1.83. Its current price is -38.80% under its 52-week high of $2.99 and 147.30% more than its 52-week low of $0.74. Based on the past 30-day period, the stock price is -11.08% below the high and +135.95% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, TCTM’s SMA-200 is $1.3934.
Additionally, it is important to take into account TCTM stock ratios, including its price-to-sales ratio, which is 0.06 for the last tewlve months.
How does TCTM Kids IT Education Inc. ADR (TCTM) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
TCTM Kids IT Education Inc. ADR (TCTM): Earnings History
If we examine TCTM Kids IT Education Inc. ADR’s recent earnings history, in the last quarter ended on 3/31/2023, it posted adjusted earnings per share of -$0.65, slashing the consensus of -$1.91. In other words, it beat the consensus by $1.26, resulting in a 66.00% surprise. In the 3 months period before the previous quarter which was closed on 3/31/2023, the stock recorded adjusted earnings per share of -$0.65 in contrast with the Outlook of -$1.91. That was a difference of $1.26 and a surprise of 66.00%.
TCTM Kids IT Education Inc. ADR (NASDAQ: TCTM) Ownership Details
I will give a breakdown of the key shareholders in TCTM Kids IT Education Inc. ADR (TCTM). Recent figures show that the company’s insiders hold 36.50% of shares. A total of 9 institutional investors hold shares in the company, making 1.26% of its stock and 1.99% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is Xtx Topco Ltd holding total of 13.91 shares that make 0.17% of the company’s total number of shares and are currently priced at 24628.0.
The securities firm Renaissance Technologies, LLC holds 13.0 shares of TCTM, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.15%, and the holding percentage of shares is valued at 23008.0.
An overview of TCTM Kids IT Education Inc. ADR’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests TCTM Kids IT Education Inc. ADR (TCTM) traded 485,709 shares per day, with a moving average of $1.0065 and price change of +0.6296. With the moving average of $0.9835 and a price change of +0.6296, about 203,721 shares changed hands on average over the past 50 days. Finally, TCTM’s 100-day average volume is 109,184 shares, alongside a moving average of $1.1841 and a price change of -0.3104.
