TCTM Kids IT Education Inc. ADR (TCTM) At $0.21 Offering A Unique Opportunity

TCTM Kids IT Education Inc. ADR (NASDAQ:TCTM) currently has a daily average trading volume of 1.48M but it saw 1460695 shares traded in last market. With a market cap of 1.79M USD, the company’s current market price of $0.21 came falling about -27.24 while comparing to the previous closing price of $0.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.99 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.2013 while lowest mark touched by it was $0.2534.

Taking a look at 20-day trading activity of TCTM Kids IT Education Inc. ADR (TCTM) gives us an average price of $0.4917, while its current price level is -92.94% below from 52-week high level whereas it is -16.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6916 while that of 200 days or SMA-200 reads an average of $1.1435. A closer look into the stock’s movement over the week reveals that its volatility is standing at 45.44% during that period while stretching the period over a month that decreases to 24.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.54 which implies that the stock is in oversold territory.

Over the week, TCTM’s stock price is moving -28.67% down while it is -68.96% when we observe its performance for the past one month. Year-to-date it is -70.72% down and over the past year, the stock is showing a downside performance of -79.91%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, TCTM Kids IT Education Inc. ADR’s total number of outstanding shares is 9.63M with 36.11% of that held by the insiders while 1.32% of its common stock has been owned by the institutions. Stock’s beta reads -0.29.