At the end of the latest market close, Qutoutiao Inc. (QTT) was valued at $2.49. In that particular session, Stock kicked-off at the price of $2.44 while reaching the peak value of $2.48 and lowest value recorded on the day was $2.28. The stock current value is $2.32.
Recently in News on March 31, 2021, Roche Freedman Provides Class Action Update to Investors of Qutoutiao, Inc.. — Roche Freedman LLP, a national shareholder rights litigation firm, represents Lead Plaintiff James Pappas in the federal securities class action, In re Qutoutiao, Inc. Securities Litigation, Case No. 1:20-cv-06707 (S.D.N.Y.). 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 $5.64 on 02/11/21, with the lowest value was $1.65 for the same time period, recorded on 01/04/21.
Qutoutiao Inc. (QTT) full year performance was -6.83%
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 -58.87% during the 52-week period from high price, and 51.63% 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 $5.64.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2329453 for the day, which was evidently lower, 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 45.91%, having the revenues showcasing 17.77% 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 628.84M, as it employees total of 1704 workers.
The Analysts eye on 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 2.81, with a change in the price was noted -0.01. In a similar fashion, Qutoutiao Inc. posted a movement of -0.43% for the period of last 100 days, recording 6,460,940 in trading volumes.
Technical rundown of Qutoutiao Inc. (QTT)
Raw Stochastic average of Qutoutiao Inc. in the period of last 50 days is set at 5.95%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 20.75%. In the last 20 days, the company’s Stochastic %K was 28.99% and its Stochastic %D was recorded 35.02%.
Considering, the past performance of Qutoutiao Inc., multiple 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 45.91%. Additionally, trading for the stock in the period of the last six months notably improved by 4.04%, alongside a downfall of -6.83% for the period of the last 12 months. The shares increased approximately by 1.31% in the 7-day charts and went up by -1.69% in the period of the last 30 days. Common stock shares were driven by 17.77% during last recorded quarter.