TKKS stock: buy or sell?
February 25th, 2020
Should I buy TKKS stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. 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. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, TKK Symphony Acquisition 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 TKK Symphony Acquisition stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for TKKS stock for the last 30 days.
TKKS stock analysis
TKK Symphony Acquisition plunged a hair-raising -10.53% and closed at $1.70.
TKK Symphony Acquisition plunged a hair-raising -10.53% and closed at $1.70. Since price and SMA200d lines crossed down on Feb/18, TKKS fell $-8.30 per share (-83.00%). On Feb/13, TKKS hit a new all time high, pushing higher than on Feb 12th tops. Check different trading setups that use ATHs as triggers.
TKK Symphony Acquisition shares plummed -15.84% this week, ending at $1.70. With this, it's been 4 red weeks in a row, sliding $-8.60 or a -83.90%.
Not so far away is the last all-time high TKK Symphony Acquisition marked by mid February, but since then it dropped a 85.26%. Since price and 40-weeks moving average lines crossed down last week, TKKS fell $-8.30 per share (-83.00%). Stocks below the 40w moving average line are usually not recommended for average traders.
TKKS stock price history
TKKS IPO was on September 12th, 2018 at $9.54 per share1. Since then, TKKS stock lost a -82.20%, with a yearly average of -82.20%.
1: Adjusted price after possible price splits or reverse-splits.
TKKS stock historical price chart
TKKS stock reached all-time highs on February/13 with a price of $11.53.
TKKS stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for TKK Symphony Acquisition stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
TKK Symphony Acquisition ownershipWhen you are planning to buy shares of a stock, it's always 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 19.68% of all shares.
In case of TKK Symphony Acquisition stock, 59.11% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).
The following table compares ownership indicators for other stocks related to TKK Symphony Acquisition:
|Market cap||$53.5 M|
|Total shares||31.5 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||59.1%|
|- Insider holdings (%)||19.7%|
|Shares in short selling||0.0%|
|Tuesday, February 25th, 2020|
|Day range||$1.68 - $1.97|
|Average true range||$1.11|
|50d mov avg||$9.27|
|100d mov avg||$9.66|
|200d mov avg||$9.75|
TKK Symphony Acquisition performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare TKK Symphony Acquisition performance to :
|TKKSTKK Symphony Acqu...||-79.17%||-83.25%||-82.81%|