TCTM Kids IT Education Inc. ADR (NASDAQ: TCTM) is -74.87% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $2.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TCTM stock was last observed hovering at around $0.21 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.18, the stock is -61.20% and -73.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -14.17% at the moment leaves the stock -84.03% off its SMA200. TCTM registered -82.07% loss for a year compared to 6-month loss of -82.75%. The firm has a 50-day simple moving average (SMA 50) of $0.69168 and a 200-day simple moving average (SMA200) of $1.13226.
The stock witnessed a -75.01% gain in the last 1 month and extending the period to 3 months gives it a -81.71%, and is -38.40% down 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 49.80% over the week and 24.87% over the month.
Distance from 52-week low is -9.99% and -93.94% from its 52-week high.
The shares outstanding are 9.63M, and float is at 8.40M with Short Float at 1.32%.
