Qutoutiao Inc. (QTT) market price of $2.12 offers the impression of an exciting value play

For the readers interested in the stock health of Qutoutiao Inc. (QTT). It is currently valued at $2.12. When the transactions were called off in the previous session, Stock hit the highs of $1.97, after setting-off with the price of $1.916. Company’s stock value dipped to $1.84 during the trading on the day. When the trading was stopped its value was $1.94.

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Recently in News on December 30, 2020, Roche Cyrulnik Freedman LLP was appointed Lead Counsel and is actively pursuing claims on behalf of investors in a securities class action against Qutoutiao, Inc.. On November 4, 2020, United States District Court Judge Sidney Stein appointed Roche Cyrulnik Freedman LLP to be Lead Counsel on behalf of Lead Plaintiff James Pappa in Steven Burnham v. Qutoutiao, Inc. et al., 20-cv-06707-SHS (S.D.N.Y.) and Howard Brown v. Qutoutiao, Inc. et al., 20-cv-07717-SHS (S.D.N.Y.). This securities class action is brought on behalf of anyone who acquired shares of Qutoutiao, Inc. (QTT) (1) pursuant to the Company’s September 2018 initial public offering or (2) from the market between September 14, 2018 and July 15, 2020 (the “Class Period”). You can read further details here


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Qutoutiao Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.1896 on 01/05/21, with the lowest value was $1.6500 for the same time period, recorded on 01/04/21.

Qutoutiao Inc. (QTT) full year performance was -53.70%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Qutoutiao Inc. shares are logging -67.71% during the 52-week period from high price, and 38.24% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.53 and $6.55.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2027068 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Qutoutiao Inc. (QTT) recorded performance in the market was 22.01%, having the revenues showcasing -24.81% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 593.81M, as it employees total of 2932 workers.

Market experts do have their say about Qutoutiao Inc. (QTT)

During the last month, 0 analysts gave the Qutoutiao Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.3740, with a change in the price was noted -0.6660. In a similar fashion, Qutoutiao Inc. posted a movement of -24.58% for the period of last 100 days, recording 1,822,703 in trading volumes.

Technical breakdown of Qutoutiao Inc. (QTT)

Raw Stochastic average of Qutoutiao Inc. in the period of last 50 days is set at 31.34%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 48.95%. In the last 20 days, the company’s Stochastic %K was 39.03% and its Stochastic %D was recorded 35.09%.

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Bearing in mind the latest performance of Qutoutiao Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 22.01%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -42.26%, alongside a downfall of -53.70% for the period of the last 12 months. The shares increased approximately by -1.52% in the 7-day charts and went up by -26.79% in the period of the last 30 days. Common stock shares were lifted by -24.81% during last recorded quarter.

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