TKKS stock: buy or sell?

TKKS stock price: $1.70 -10.53% At close on February 25th, 2020

Updated on:
February 25th, 2020

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TKK Symphony Acquisition shares plunged -10.53% to $1.70 yesterday. With Tuesday it's been 5 red days in a row.

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.

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 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

Daily outlook

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.

TKKS stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Nobody 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

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 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:

TKKS
Market cap$53.5 M
Total shares31.5 M
Float shares0.0 M
  - Institutional holdings (%)59.1%
  - Insider holdings (%)19.7%
Shares in short selling0.0%

TKKS summary

Tuesday, February 25th, 2020
Open$1.94
Close$1.70
Day range$1.68 - $1.97
Previous close$1.90
Session gain-10.53%
Average true range$1.11
50d mov avg$9.27
100d mov avg$9.66
200d mov avg$9.75
Daily pattern
Weekly pattern

TKK Symphony Acquisition performance

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare TKK Symphony Acquisition performance to :
Stock3m6m12m
TKKSTKK Symphony Acqu...-79.17%-83.25%-82.81%

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.