TuanChe Ltd ADR (NASDAQ:TC) does about 763.86K shares in volume on a normal day but saw 1139968 shares change hands in the recent trading day. The company now has a market cap of 1.31M USD. Its current market price is $0.86, marking a decrease of -10.83% compared to the previous close of $0.96. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $0.75.
TuanChe Ltd ADR (TC) has a 20-day trading average at $0.8605 and the current price is -82.71% off the 52-week high compared with 13.94% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.3428 and its 200-day simple moving average is $1.7244. If we look at the stock’s price movements over the week, volatility stands at 14.46%, which decreases to 13.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 39.13 to suggest the stock is neutral.
The consensus objective for the share price is $11.99, suggesting that the stock has a potential upside of 92.83% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 21, 2019 when Maxim Group resumed the stock to “Buy” and issued a price target of $13.
The current price level is -0.52%, -36.25%, and -50.36% away from its SMA20, SMA50, and SMA200 respectively, with the TC price moving above the 50-day SMA on current market day. TuanChe Ltd ADR (TC) stock is up 5.68% over the week and -42.16% over the past month. Its price is -71.93% year-to-date and -81.59% over the past year.
The stock last released its quarterly earnings report for quarter ended 3/31/2021, with the company’s earnings per share (EPS) of -8.12 above consensus estimates by 8.74. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 92.83 percent from here.
The beta has a value of 0.14.
