TKKS stock: buy or sell?

TKKS stock price: $10.20 -0.10% At close on December 6th, 2019

Updated on:
December 6th, 2019

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TKK Symphony Acquisition shares stayed steady -0.10% to $10.20 today. On Nov/29 TKKS collapsed a hair-raising -24.88%. On Monday TKKS rocketed a dazzling 20.00%.

Should I buy TKKS 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 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 TKK Symphony Acquisition stock situation right now, therefore 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 TKK Symphony Acquisition 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 TKKS stock for the last month.

TKKS stock analysis

Daily outlook

Shares of TKK Symphony Acquisition closed today at $10.20 and stayed constant a tight -0.10%.

TKK Symphony Acquisition shares stayed steady -0.10% to $10.20 today. On Monday TKKS price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On October, TKKS hit a new all time high, pushing higher than on September tops. Check different trading setups that use ATHs as triggers.

TKKS stock chart (daily)

Weekly outlook

After sliding a frightening -25.37% in a week last week, TKK Symphony Acquisition closed this week at $10.20 and boosted a super good 25.00%.

Not so far away is the last all-time high TKK Symphony Acquisition marked late October. This week TKKS price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

TKKS stock chart (weekly)

TKKS stock price history

TKKS IPO was on September 12th, 2018 at $9.54 per share1. Since then, TKKS stock surged a 6.90%, with an average of 6.90% per year. If you had invested $1,000 in TKKS stock in 2018, it would worth $69.00 today.

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

TKKS stock historical price chart

TKKS stock reached all-time highs on October with a price of $10.30.

TKKS stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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 detected any price forecast for TKK Symphony Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

TKKS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

TKK Symphony Acquisition ownership

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

TKK Symphony Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 18.91% of all shares.

In case of TKK Symphony Acquisition stock, 46.91% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TKKS stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to TKK Symphony Acquisition:

TKKS
Market cap$320.8 M
Total shares31.5 M
Float shares0.7 M
  - Institutional holdings (%)46.9%
  - Insider holdings (%)18.9%
Shares in short selling0.0%

TKKS summary

Friday, December 6th, 2019
Open$10.18
Close$10.20
Day range$10.18 - $10.22
Previous close$10.21
Session gain-0.10%
Average true range$1.09
50d mov avg$10.06
100d mov avg$10.03
200d mov avg$0.00
Daily pattern
Weekly pattern

TKK Symphony Acquisition performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared TKK Symphony Acquisition against in the following table:
Stock3m6m12m
TKKSTKK Symphony Acqu...0.59%2.31%6.58%

TKK Symphony Acquisition competitors

Unfortunately, we could not find any public company that could be defined as TKK Symphony Acquisition competitor. This doesn't mean TKK Symphony Acquisition does not have any competitor in the market, it's just we could not detected it.