CNTF stock: buy or sell?

CNTF stock price: $0.50 -7.41% At close on June 26th, 2019

Updated on:
June 26th, 2019

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After boosting a dazzling 14.81% yesterday, China TechFaith Wireless Communication closed today at $0.50 and plummed a chilling -7.41%.

China Techfaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally.

Should I buy CNTF stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, China TechFaith Wireless Communication stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CNTF will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is China TechFaith Wireless Communication stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for CNTF stock for the last 30 days.

CNTF stock analysis

Daily outlook

After boosting a dazzling 14.81% yesterday, China TechFaith Wireless Communication closed today at $0.50 and plummed a chilling -7.41%.

After boosting a dazzling 14.81% yesterday, China TechFaith Wireless Communication closed today at $0.50 and plummed a chilling -7.41%. CNTF is retaking the upward trend marking a new rising bottom heading to break out over $0.78. Since price and SMA50d lines crossed down on March, CNTF fell $-0.69 per share (-57.98%).

CNTF stock chart (daily)

Weekly outlook

After boosting an amazing 7.02% in a week last week, China TechFaith Wireless Communication Technology closed this week at $0.50 and plummed a hair-raising -12.28%.

CNTF stock chart (weekly)

CNTF stock price history

CNTF stock went public on May 6th, 2005 with a price of $81.301. Since then, CNTF stock sliced a -99.40%, with a yearly average of -7.10%.

1: Adjusted price after possible price splits or reverse-splits.

CNTF stock historical price chart

CNTF stock reached 52-week highs on July at $4.07, and all-time highs 2005-06-06 with a price of 99.4.

CNTF stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for China TechFaith Wireless Communication stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when China TechFaith Wireless Communication Technology presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
CNTF earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q2-n/an/an/a
2016-Q42017-04-03n/an/an/a
2017-Q12017-04-12n/an/an/a
2017-Q22017-08-23n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-04-11n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a

Annual financial results

Compared to 2016, last anual sales report draw a frightening decrease of -23.22% to $46.81 M USD. In the same way, its profit margin (compared to sales) plunged to -19.94%, that is $-9.33 million.

CNTF annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2012$138 M-$-3.29 M-2.4%-
2013$120 M-13.08%$-2.47 M-2.1%-24.92%
2014$97 M-19.20%$-13.43 M-13.9%443.77%
2015$65 M-33.16%$-12.81 M-19.8%-4.66%
2016$61 M-5.65%$10 M16.6%-179.13%
2017$47 M-23.22%$-9.33 M-19.9%-192.10%

Quarterly financial results

Reported quarter income marked $0.00 M with a profit margin of . Profit margin stayed steady a 0.00% compared to previous quarter when profit margin was nan%. When comparing turnover to same quarter last year, China TechFaith Wireless Communication Technology sales marked a neutral movement and stayed constant a nan%.
CNTF quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

China TechFaith Wireless Communication ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

China TechFaith Wireless Communication Technology shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of China TechFaith Wireless Communication Technology stock, 10.02% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CNTF stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

CNTFAAPLBB
Market cap$5.3 M$919.1 B$4.1 B
Total shares10.6 M4,600.0 M538.0 M
Float shares7.1 M4,350.0 M534.1 M
  - Institutional holdings (%)10.0%61.0%54.4%
  - Insider holdings (%)0.0%0.1%0.7%
Shares in short selling0.0%0.0%0.0%

CNTF summary

Wednesday, June 26th, 2019
Open$0.46
Close$0.50
Day range$0.45 - $0.55
Previous close$0.54
Session gain-7.41%
Average true range$0.16
50d mov avg$0.76
100d mov avg$0.97
200d mov avg$1.41
Daily patternlb02a
Weekly pattern lt03a

China TechFaith Wireless Communication performance

To better understand China TechFaith Wireless Communication Technology performance you must becnhmark its gains with other related stocks in same sector or industry. For China TechFaith Wireless Communication, the benchmark is made against Apple and BlackBerry.
Stock3m6m12m
CNTFChina TechFaith W...-52.38%-43.18%-73.26%
AAPLApple5.59%28.93%9.58%
BBBlackBerry-25.07%5.59%-21.66%

China TechFaith Wireless Communication competitors

Creating a list of competitors for China TechFaith Wireless Communication it's difficult. We selected 2 public companies that are related to and can be considered as competitors of China TechFaith Wireless Communication: