The latest trade, Performances and Moving Averages give us the following Picture
The share price of United Time Technology Co. Ltd. (NASDAQ:UTME) dipped -72.59% to close Thursday’s market session at $16.17, lower as compared to yesterday’s close. The stock price fluctuated between $14.81 and $75.7999 throughout the trading session with the volume trading being 14330866 shares, which represented a significant variation when compared to the three months average volume of 342.46K shares. The firm’s stock price fluctuated -62.96% within the last five trades and -50.97% within the last 30 trades, which was a significant change from the beginning of this year. UTME stock is trading at a margin of -63.88%, -62.67% and -62.60% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, UTME deals in the Technology domain. The stock is trading -84.93 percent below its 52-week high and 41.84 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does United Time Technology Co. Ltd.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $133.69 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.47 that mirrors the cost to be found for sales by the market.