Qutoutiao Inc. (NASDAQ: QTT) started the day on May 18, 2021, with a price increase of 4.59% at $2.05. During the day, the stock rose to $2.1257 and sunk to $1.95 before settling in for the price of $1.96 at the close. Taking a more long-term approach, QTT posted a 52-week range of $1.53-$5.64.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 60.20%. This publicly-traded company’s shares outstanding now amounts to $297.10 million, simultaneously with a float of $157.38 million. The organization now has a market capitalization sitting at $585.93 million. At the time of writing, stock’s 50-day Moving Average stood at $2.35, while the 200-day Moving Average is $2.63.
If we measure the efficiency of the company that is accounted for 1704 employees. It has generated 449,368 per worker during the last fiscal year. Meanwhile, its income per employee was -92,642. The stock had 4.92 Receivables turnover and 1.76 Total Asset turnover. For the Profitability, stocks gross margin was +68.09, operating margin was -21.03 and Pretax Margin of -20.93.
Qutoutiao Inc. (QTT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Internet Content & Information Industry. Qutoutiao Inc.’s current insider ownership accounts for 10.34%, in contrast to 6.20% institutional ownership.
Qutoutiao Inc. (QTT) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/31/2020, the organization reported $0.03 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0) by $0.03. This company achieved a net margin of -20.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
Qutoutiao Inc.’s EPS increase for this current 12-month fiscal period is 60.20% and is forecasted to reach 0.40 in the upcoming year.
Qutoutiao Inc. (NASDAQ: QTT) Trading Performance Indicators
Let’s observe the current performance indicators for Qutoutiao Inc. (QTT). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.72.
In the same vein, QTT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.61, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be 0.40 at the market close of one year from today.
Technical Analysis of Qutoutiao Inc. (QTT)
If we take a close look at the recent performances of Qutoutiao Inc. (NASDAQ: QTT), its last 5-days Average volume was 1.92 million that shows plunge from its year to date volume of 6.65 million. During the previous 9 days, stock’s Stochastic %D was recorded 46.39% While, its Average True Range was 0.16.
Raw Stochastic average of Qutoutiao Inc. (QTT) in the period of the previous 100 days is set at 12.65%, which indicates a major fall in contrast to 38.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 58.72% that was lower than 145.17% volatility it exhibited in the past 100-days period.