Qutoutiao stock: buy or sell?
April 2nd, 2020
Should I buy Qutoutiao stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that fits 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.
Currently, Qutoutiao stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Qutoutiao stock a buy?
Banks and financial institutions post stock ratings everyday.Unfortunately, we couldn't detect any rating for QTT stock for the last 30 days.
Qutoutiao stock analysis
Qutoutiao shares escalated 2.92% to $2.47 today.
Qutoutiao shares escalated 2.92% to $2.47 today. Since SMA100d and SMA200d crossed up on Mar 19th, QTT price slid a -39.76%. Since price and SMA200d lines crossed down on Mar/19, QTT fell $-1.63 per share (-39.76%). QTT is soaring again after a 20.42% correction from its last top on Mar 25th at $2.89.
After sliding a chilling -34.29% in a week last week, Qutoutiao closed this week at $2.47 and inched a slightly fine 0.82%. By mid February QTT climbed an astounding 7.98% in just one week.
Since mid March, when QTT stock price broke down the 40-weeks moving avarage line, it slid $-2.37 per share (-48.97%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.
Qutoutiao stock price history
Qutoutiao IPO was on September 14th, 2018 at $9.10 per share1. Since then, QTT stock declined a -72.90%, with a yearly average of -72.90%.
1: Adjusted price after possible price splits or reverse-splits.
Qutoutiao stock historical price chart
QTT stock reached 52-week highs at $10.98, and all-time highs 2018-09-14 with a price of 20.39.
Qutoutiao stock price targetPredicting 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. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price prediction for Qutoutiao stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Qutoutiao reported its latest financial data, posting a decent gain for the Earnings per Share (EPS) ratio. Analyst expected $-0.21 per share, but Qutoutiao posted $-0.23.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a super good gain of 484.50% to $3,022.15 million USD. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) plummed a -45.95% to -64.28%.
|2016||$58 M||-||$-10.86 M-18.7%||-|
|2017||$517 M||792.17%||$-94.76 M-18.3%||772.36%|
|2018||$3,022 M||484.50%||$-1,942.57 M-64.3%||1,950.00%|
Quarterly financial resultsQutoutiao reported $1,326.99 M in revenues for 2018-Q4, a 35.78% improvement compared to previous quarter. Reported quarter earnings marked $-397.53 M with a profit margin of -29.96%. Profit margin boosted a 75.49% compared to previous quarter when profit margin was -105.45%. When comparing sales to same quarter last year, Qutoutiao sales marked an exceptional increase and climbed a 426.13%. Looking back to recent quarterly results, Qutoutiao posted 4 positive quarters in a row.
|2017-Q3||$158 M||-||$-11.46 M-7.3%||-|
|2017-Q4||$252 M||60.08%||$-54.62 M-21.7%||376.60%|
|2018-Q2||$481 M||90.88%||$-211.83 M-44.0%||287.80%|
|2018-Q3||$977 M||103.00%||$-1,030.60 M-105.5%||386.52%|
|2018-Q4||$1,327 M||35.78%||$-397.53 M-30.0%||-61.43%|
Qutoutiao ownershipWhen you are planning to invest in shares of a company, it's always worth to check its ownership structure.
Qutoutiao 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 Qutoutiao stock, 6.09% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for QTT stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$643.3 M|
|Total shares||260.5 M|
|Float shares||69.9 M|
|- Institutional holdings (%)||6.1%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, April 2nd, 2020|
|Day range||$2.35 - $2.51|
|Average true range||$0.46|
|50d mov avg||$4.51|
|100d mov avg||$3.95|
|200d mov avg||$4.00|
Qutoutiao performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Qutoutiao performance to :