Qutoutiao stock: buy or sell?
January 17th, 2020
Should I buy Qutoutiao stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
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.At Stocks2.com, we gathered 3 ratings published for QTT stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
Qutoutiao stock analysis
Shares of Qutoutiao closed yesterday at $4.17 and remained steady a tight 0.00%.
Qutoutiao shares remained constant 0.00% to $4.17 yesterday. QTT shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on Wednesday, QTT climbed unceasignly breaking out above its last top at 3.53. Since price and SMA100d lines crossed up on January 3rd, QTT climbed $0.54 (14.88%).
After boosting an astounding 6.62% in a week last week, Qutoutiao closed this week at $4.17 and stepped up a nice 2.21%. Counting this, it's been 5 climbing weeks in a row, soaring a 42.55%. Early December QTT plunged a spooky -6.55% in just one week.
Since price and SMA20w lines crossed up late December 2019, QTT climbed $0.78 (23.01%).
Qutoutiao stock price history
Qutoutiao stock went public on September 14th, 2018 with a price of $9.101. Since then, QTT stock lost a -54.20%, with a yearly average of -54.20%.
1: Adjusted price after possible price splits or reverse-splits.
Qutoutiao stock historical price chart
QTT stock reached 52-week highs on March at $18.00, and all-time highs 2018-09-14 with a price of 20.39.
Qutoutiao stock price target is $14.00How 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' QTT stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we only found 1 price target for Qutoutiao stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareQutoutiao presented beatiful results for 2018-Q4 on March. Qutoutiao inched Earnings per Share (EPS) by 9.50%, beating analysts estimates of $-0.21. Qutoutiao posted $-0.23.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an amazing growth of 484.50% to $3,022.15 M USD. In contrary, its income margin (compared to sales) collapsed to -64.28%, that is $-1,942.57 million.
|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 posted $1,326.99 million in revenues for 2018-Q4, a 35.78% improvement compared to previous quarter. Reported quarter income marked $-397.53 million with a profit margin of -29.96%. Profit margin rocketed a 75.49% compared to previous quarter when profit margin was -105.45%. When comparing revenues to same quarter last year, Qutoutiao sales marked an exceptional growth and climbed a 426.13%. Looking back to recent quarterly results, Qutoutiao posted 4 negative 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 buy shares of a stock, it's worth to have a look 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, 9.43% 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.
The following table compares ownership indicators for other stocks related to Qutoutiao:
|Market cap||$1.1 B|
|Total shares||254.5 M|
|Float shares||68.0 M|
|- Institutional holdings (%)||9.4%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$4.10 - $4.20|
|Average true range||$0.20|
|50d mov avg||$3.37|
|100d mov avg||$3.60|
|200d mov avg||$4.50|
Qutoutiao performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Qutoutiao, the benchmark is made against .