While TCTM Kids IT Education Inc. ADR has underperformed by -13.58%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TCTM fell by -58.05%, with highs and lows ranging from $2.99 to $0.45, whereas the simple moving average fell by -67.21% in the last 200 days.
On November 21, 2018, Jefferies Downgraded TCTM Kids IT Education Inc. ADR (NASDAQ: TCTM) to Underperform. A report published by Credit Suisse on June 07, 2018, Downgraded its rating to ‘Neutral’ for TCTM. Goldman May 16, 2017d its ‘Buy’ rating to ‘Neutral’ for TCTM, as published in its report on May 16, 2017. Credit Suisse also rated the stock as ‘Neutral’.
Analysis of TCTM Kids IT Education Inc. ADR (TCTM)
Further, the quarter-over-quarter decrease in sales is -20.87%, showing a negative trend in the upcoming months.
One of the most important indicators of TCTM Kids IT Education Inc. ADR’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.12, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and TCTM is recording 53.55K average volume. On a monthly basis, the volatility of the stock is set at 12.88%, whereas on a weekly basis, it is put at 22.17%, with a loss of -48.61% over the past seven days. Furthermore, long-term investors anticipate a median target price of $8.01, showing growth from the present price of $0.41, which can serve as yet another indication of whether TCTM is worth investing in or should be passed over.
How Do You Analyze TCTM Kids IT Education Inc. ADR Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.94%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.51% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TCTM shares are owned by institutional investors to the tune of 0.51% at present.
