SEII stock: buy or sell?
March 27th, 2020
Sharing Economy International Inc., through its subsidiaries, manufactures and sells textile dyeing and finishing machines in the People's Republic of China.
Should I buy SEII stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to 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 Sharing Economy International stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Sharing Economy International stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't find any rating for SEII stock for the last 30 days.
SEII stock analysis
After breaking up the SMA line of 200d yesterday, Sharing Economy International shares closed today at $0.38.
After crossing up the simple moving average line of 200 days yesterday, Sharing Economy International shares closed at $0.38, climbed a 11.76%. Since last January when SMA100d and SMA200d crossed up, SEII price slipped $-0.03 per share (-7.32%).
Sharing Economy International collapsed a horrible -5.00% this week. Late February SEII boosted an exceptional 14.63% in just one week.
Observing the weekly chart, SEII marked an uptrend of rising tops and rising bottoms. Since its last top late January at $0.48, price slid and bounced up back from $0.32. Breaking down under $0.32 would cancel the current uptrend and it might test lower supports. Note that $0.48 might act as a resistance line. Late December 2019 SEII price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since mid September 2019 when SMA20w and SMA40w crossed up, SEII price gained $0.09 per share (31.03%).
SEII stock price history
SEII IPO was on May 19th, 2008 at $312.00 per share1. Since then, SEII stock lost a -99.90%, with a yearly average of -9.10%.
1: Adjusted price after possible price splits or reverse-splits.
SEII stock historical price chart
SEII stock reached 52-week highs at $2.90, and all-time highs 2008-05-19 with a price of 816.
SEII stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SEII 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 forecast for Sharing Economy International stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report , Sharing Economy International . As soon as we get its actual EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2016, last anual turnover report draw a scary correction of -22.13% to $13.52 M USD. When comparing 2017 vs 2016, in line, profit margin (that is, the net income divided by revenues) collapsed a -28.19% to -95.45%. Sharing Economy International presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Sharing Economy International TTM sales up to September 2018 were $10.18 and earnings $-36.77 M dollars. When comparing this TTM figures with the last reported annuality, we can esteem Sharing Economy International business evolution since December 2017: Annual turnover up to September, compared to lastest yearly report, plunged a chilling -24.72%. In the same way, profit margin (net income/sales) plunged at -95.45%.
|2012||$57 M||-||$4.20 M7.3%||-|
|2013||$72 M||26.07%||$8.19 M11.4%||95.00%|
|2014||$76 M||5.34%||$4.27 M5.6%||-47.91%|
|2015||$50 M||-34.75%||$-12.77 M-25.8%||-399.32%|
|2016||$17 M||-64.97%||$-11.68 M-67.3%||-8.54%|
|2017||$14 M||-22.13%||$-12.91 M-95.4%||10.51%|
|TTM||$10 M||-24.72%||$-36.77 M-361.2%||184.87%|
Quarterly financial resultsSharing Economy International reported $2.52 million in revenues for 2018-Q3, a -2.04% less compared to previous quarter. Reported quarter income marked $-18.20 million with a profit margin of -722.89%. Profit margin plunged a -497.06% compared to previous quarter when profit margin was -225.83%. When comparing revenues to same quarter last year, Sharing Economy International sales marked an awful slide and decreased a -4.26%.
|2016-Q4||$4,973 M||-||$0.00 M0.0%||-|
|2017-Q1||$5 M||-99.91%||$-0.15 M-3.1%||0.00%|
|2017-Q2||$4 M||-20.39%||$-0.52 M-14.1%||255.96%|
|2017-Q3||$3 M||-29.13%||$-4.25 M-161.7%||715.14%|
|2017-Q4||$3 M||-4.02%||$-7.99 M-316.6%||87.95%|
|2018-Q1||$3 M||1.78%||$-4.78 M-186.1%||-40.16%|
|2018-Q2||$3 M||0.04%||$-5.80 M-225.8%||21.39%|
|2018-Q3||$3 M||-2.04%||$-18.20 M-722.9%||213.58%|
Sharing Economy International ownershipWhen you are planning to invest in shares of a company, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Sharing Economy International, 0.03% of all outstanding shares are owned by its staff.
In case of Sharing Economy International stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$3.5 M|
|Total shares||9.3 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, March 27th, 2020|
|Day range||$0.38 - $0.38|
|Average true range||$0.05|
|50d mov avg||$0.37|
|100d mov avg||$0.35|
|200d mov avg||$0.31|
Sharing Economy International performanceTo better understand Sharing Economy International performance you must becnhmark its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Sharing Economy International stock.
|SEIISharing Economy I...||90.00%||111.11%||192.31%|