Tattooed Chef Inc. (NASDAQ:TTCF) went up by 6.27% from its latest closing price compared to the recent 1-year high of $28.64. The company’s stock price has collected 7.80% of gains in the last five trading sessions. Press Release reported on 12/08/20 that Tattooed Chef Newest Innovation Features Plant-Based Meat Alternatives
Is It Worth Investing in Tattooed Chef Inc. (NASDAQ :TTCF) Right Now?
Opinions of the stock are interesting as 1 analysts out of 2 who provided ratings for Tattooed Chef Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $23.50, which is -$3.44 below the current price. TTCF currently public float of 19.84M and currently shorts hold a 25.40% ratio of that float. Today, the average trading volume of TTCF was 2.46M shares.
TTCF’s Market Performance
TTCF stocks went up by 7.80% for the week, with a monthly jump of 44.46% and a quarterly performance of 4.82%, while its annual performance rate touched 148.68%. The volatility ratio for the week stands at 5.63% while the volatility levels for the past 30 days are set at 7.33% for Tattooed Chef Inc.. The simple moving average for the period of the last 20 days is 11.51% for TTCF stocks with a simple moving average of 50.93% for the last 200 days.
Analysts’ Opinion of TTCF
Many brokerage firms have already submitted their reports for TTCF stocks, with Jefferies repeating the rating for TTCF by listing it as a “Hold.” The predicted price for TTCF in the upcoming period, according to Jefferies is $17 based on the research report published on December 03rd of the previous year 2020.
ROTH Capital, on the other hand, stated in their research note that they expect to see TTCF reach a price target of $26. The rating they have provided for TTCF stocks is “Buy” according to the report published on November 17th, 2020.
TTCF Trading at 32.19% from the 50-Day Moving Average
After a stumble in the market that brought TTCF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.17% of loss for the given period.
Volatility was left at 7.33%, however, over the last 30 days, the volatility rate increased by 5.63%, as shares surge +38.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.21% upper at present.
During the last 5 trading sessions, TTCF rose by +7.80%, which changed the moving average for the period of 200-days by +150.64% in comparison to the 20-day moving average, which settled at $23.17. In addition, Tattooed Chef Inc. saw 11.14% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TTCF
Equity return is now at value -4.90, with -4.70 for asset returns.