TuanChe Ltd ADR (NASDAQ: TC) is 0.88% higher on its value in year-to-date trading and has touched a low of $0.75 and a high of $4.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TC stock was last observed hovering at around $1.00 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $1.14, the stock is 12.51% and 17.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.86 million and changing 14.00% at the moment leaves the stock -27.18% off its SMA200. TC registered -46.59% loss for a year compared to 6-month loss of -30.91%. The firm has a 50-day simple moving average (SMA 50) of $0.9682 and a 200-day simple moving average (SMA200) of $1.5688.
The stock witnessed a 4.59% gain in the last 1 month and extending the period to 3 months gives it a -26.45%, and is 16.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.54% over the week and 16.04% over the month.
Distance from 52-week low is 51.74% and -73.49% from its 52-week high.
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TuanChe Ltd ADR (TC) Top Institutional Holders
The shares outstanding are 1.53M, and float is at 1.38M with Short Float at 2.85%.
The top institutional shareholder in the company is BLACKROCK INC. with over 0.59 million shares valued at $11.31 million. The investor’s holdings represent 34.5343% of the TC Shares outstanding. As of 2024-06-30, the second largest holder is CITADEL ADVISORS LLC with 11012.0 shares valued at $19601.0 to account for 0.6383 of the shares outstanding.
TuanChe Ltd ADR (TC) Insider Activity
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