TC has 36-month beta value of 0.22. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for TC is 1.38M, and currently, short sellers hold a 2.85% ratio of that float. The average trading volume of TC on February 05, 2025 was 737.17K shares.
TC) stock’s latest price update
TuanChe Ltd ADR (NASDAQ: TC)’s stock price has soared by 5.67 in relation to previous closing price of 0.97. Nevertheless, the company has seen a gain of 1.49% in its stock price over the last five trading days. prnewswire.com reported 2025-01-28 that BEIJING, Jan. 28, 2025 /PRNewswire/ — TuanChe Limited (NASDAQ: TC) (“TuanChe” or the “Company”), a leading automotive marketplace platform, today announced its plan to adopt DeepSeek’s newly released R1 model as the technological foundation for its intelligent service system. This initiative aims to further enhance TuanChe’s technological capabilities in smart marketing and user interaction, delivering more precise, efficient, and intelligent automotive consumption experiences for its users.
TC’s Market Performance
TuanChe Ltd ADR (TC) has experienced a 1.49% rise in stock performance for the past week, with a -8.48% drop in the past month, and a 19.44% rise in the past quarter. The volatility ratio for the week is 12.78%, and the volatility levels for the past 30 days are at 16.16% for TC. The simple moving average for the last 20 days is 4.11% for TC’s stock, with a simple moving average of -33.35% for the last 200 days.
Analysts’ Opinion of TC
Many brokerage firms have already submitted their reports for TC stocks, with Maxim Group repeating the rating for TC by listing it as a “Buy.” The predicted price for TC in the upcoming period, according to Maxim Group is $13 based on the research report published on May 21, 2019 of the previous year 2019.
Maxim Group, on the other hand, stated in their research note that they expect to see TC reach a price target of $13. The rating they have provided for TC stocks is “Buy” according to the report published on February 05th, 2019.
TC Trading at 2.95% from the 50-Day Moving Average
After a stumble in the market that brought TC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.16% of loss for the given period.
Volatility was left at 16.16%, however, over the last 30 days, the volatility rate increased by 12.78%, as shares sank -2.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.59% upper at present.
During the last 5 trading sessions, TC rose by +1.19%, which changed the moving average for the period of 200-days by -45.35% in comparison to the 20-day moving average, which settled at $0.9844. In addition, TuanChe Ltd ADR saw -9.29% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TC
Current profitability levels for the company are sitting at:
- -0.94 for the present operating margin
- 0.5 for the gross margin
The net margin for TuanChe Ltd ADR stands at -0.74. The total capital return value is set at -2.02.
Based on TuanChe Ltd ADR (TC), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.91.
Currently, EBITDA for the company is -115.28 million with net debt to EBITDA at -0.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 2.43for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.
Conclusion
To put it simply, TuanChe Ltd ADR (TC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
