TCTM Kids IT Education Inc. ADR (NASDAQ: TCTM) has seen a decline in its stock price by -10.65 in relation to its previous close of 0.76. However, the company has experienced a -15.14% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-04-19 that BEIJING, April 19, 2024 /PRNewswire/ — TCTM Kids IT Education Inc. (NASDAQ: TCTM) (“TCTM” or the “Company”), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission after the U.S. market closes on April 19, 2024. The annual report can be accessed on TCTM’s investor relations website at https://ir.tctm.cn/.
Is It Worth Investing in TCTM Kids IT Education Inc. ADR (NASDAQ: TCTM) Right Now?
Company’s 36-month beta value is -0.25.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TCTM is 9.26M, and currently, short sellers hold a 0.44% ratio of that floaft. The average trading volume of TCTM on December 26, 2024 was 205.77K shares.
TCTM’s Market Performance
TCTM’s stock has seen a -15.14% decrease for the week, with a -18.20% drop in the past month and a -28.53% fall in the past quarter. The volatility ratio for the week is 6.08%, and the volatility levels for the past 30 days are at 4.60% for TCTM Kids IT Education Inc. ADR The simple moving average for the past 20 days is -17.16% for TCTM’s stock, with a -48.86% simple moving average for the past 200 days.
TCTM Trading at -24.40% from the 50-Day Moving Average
After a stumble in the market that brought TCTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.29% of loss for the given period.
Volatility was left at 4.60%, however, over the last 30 days, the volatility rate increased by 6.08%, as shares sank -19.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.94% lower at present.
During the last 5 trading sessions, TCTM fell by -16.61%, which changed the moving average for the period of 200-days by -64.70% in comparison to the 20-day moving average, which settled at $0.8190. In addition, TCTM Kids IT Education Inc. ADR saw -35.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TCTM
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.45 for the gross margin
The net margin for TCTM Kids IT Education Inc. ADR stands at 0.01. The total capital return value is set at -0.01.
Currently, EBITDA for the company is 181.63 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.04. The receivables turnover for the company is 31254.36for trailing twelve months and the total asset turnover is 1.35.
Conclusion
In a nutshell, TCTM Kids IT Education Inc. ADR (TCTM) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
