Qutoutiao Inc. (NASDAQ: QTT) open the trading on November 03, 2021, with great promise as it jumped 0.05% to $0.98. During the day, the stock rose to $0.999 and sunk to $0.965 before settling in for the price of $0.98 at the close. Taking a more long-term approach, QTT posted a 52-week range of $0.90-$5.64.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 60.20%. This publicly-traded company’s shares outstanding now amounts to $299.55 million, simultaneously with a float of $169.84 million. The organization now has a market capitalization sitting at $302.04 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1097, while the 200-day Moving Average is $2.0713.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 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
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Internet Content & Information industry. Qutoutiao Inc.’s current insider ownership accounts for 10.34%, in contrast to 6.10% institutional ownership.
Qutoutiao Inc. (QTT) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2020 suggests? It has posted $0.03 earnings per share (EPS) beating the forecaster’s viewpoint (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 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 1.29 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 0.80. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.39.
In the same vein, QTT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.41, and analysts are predicting that it will be 1.29 at the market close of one year from today.
Technical Analysis of Qutoutiao Inc. (QTT)
[Qutoutiao Inc., QTT] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 4.65% While, its Average True Range was 0.0734.
Raw Stochastic average of Qutoutiao Inc. (QTT) in the period of the previous 100 days is set at 6.40%, which indicates a major rise in contrast to 6.25% 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 120.15% that was higher than 75.52% volatility it exhibited in the past 100-days period.