CNTF stock: buy or sell?

CNTF stock price: $0.22 -12.00% At close on September 16th, 2019

Updated on:
September 16th, 2019

0

Shares of China TechFaith Wireless Communication plunged a frightening -12.00% and closed at $0.22. With Monday it's been 3 red days in a row. On September/11 CNTF climbed an extraordinary 6.25%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with China TechFaith Wireless Communication stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is China TechFaith Wireless Communication Technology stock a buy?

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

CNTF stock analysis

Daily outlook

China TechFaith Wireless Communication Technology closed on Monday at $0.22 and plunged a frightening -12.00%.

Shares of China TechFaith Wireless Communication plunged a frightening -12.00% and closed at $0.22.

CNTF stock chart (daily)

Weekly outlook

China TechFaith Wireless Communication shares plunged -12.00% this week, ending at $0.22. Late August CNTF climbed an outstanding 6.67% in just one week. Counting this, it's been 3 sliding weeks in a row, loosing $-0.23 (-54.76%).

Observing the weekly chart, price is in a simple uptrend, tested $0.33 level and now climbing back aiming its last top at $0.78. Since early October 2018, when CNTF stock price broke down the 20-weeks moving avarage line, it slid $-1.90 per share (-89.62%).

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 lost a -99.70%, 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 October at $2.60, and all-time highs 2005-06-06 with a price of 99.4.

CNTF stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable 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. You should not follow the analysts' CNTF stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price target for China TechFaith Wireless Communication Technology stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report , China TechFaith Wireless Communication Technology . 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

In 2017, China TechFaith Wireless Communication annual turnover plunged a hair-raising -23.22% to $46.81 million dollars from $60.96 marked in 2016. When comparing 2017 vs 2016, in the same way, profit margin (that is, the net income divided by revenues) collapsed a -36.56% to -19.94%.

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 stable a 0.00% compared to previous quarter when profit margin was nan%. When comparing sales to same quarter last year, China TechFaith Wireless Communication sales marked a neutral movement and stayed stable a nan%.
CNTF quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

China TechFaith Wireless Communication ownership

When you are planning to invest in a company, it's worth to have a look its ownership structure.

China TechFaith Wireless Communication 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 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.

The following table compares ownership indicators for other stocks related to China TechFaith Wireless Communication Technology:

CNTFAAPLBB
Market cap$2.3 M$984.1 B$4.1 B
Total shares10.6 M4,520.0 M547.9 M
Float shares7.1 M4,260.0 M535.0 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

Monday, September 16th, 2019
Open$0.25
Close$0.22
Day range$0.18 - $0.26
Previous close$0.25
Session gain-12.00%
Average true range$0.08
50d mov avg$0.46
100d mov avg$0.60
200d mov avg$0.98
Daily patternlt01c
Weekly pattern lb01a

China TechFaith Wireless Communication performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For China TechFaith Wireless Communication Technology, the benchmark is made against Apple and BlackBerry.
Stock3m6m12m
CNTFChina TechFaith W...-61.40%-78.64%-90.09%
AAPLApple9.95%14.84%1.59%
BBBlackBerry-11.08%-16.41%-27.57%

China TechFaith Wireless Communication competitors

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