Takung Art Co., Ltd. (TKAT) Stock: A Biotechnology Stock That’s Seeing Strong Declines


Takung Art Co., Ltd. (TKAT) is headed down in the market in today’s trading session. The stock, focused on the biotech industry, is presently trading at $0.56 after falling -12.50% so far in today’s session. In terms of biotech stocks, there are several aspects that have the ability to generate movement in the market. News is one of the most common reasons for movement. Here are the most recent stories surrounding TKAT:

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Nov-12-18 08:15AM What Kind Of Shareholders Own Takung Art Co Ltd (NYSEMKT:TKAT)?
Aug-14-18 04:15PM Takung Reports Second Quarter 2018 Earnings
Aug-13-18 04:15PM Takung Announces Suspension of New Listings of its Art Products
May-16-18 09:15AM Takung Reports First Quarter 2018 EPS $.04 vs. $.08 In Q1 2017; $3.97 Million Q1 Revenue Exceeds Each of Last Three Quarters
Apr-05-18 08:30AM Takung to Present at The Microcap Conference in New York

However, any time investors are making a decision to invest, investors should take a look at far more than just news, especially in the speculative biotechnology space. Here’s what’s going on with Takung Art Co., Ltd..

Recent Trends From TKAT

While a move toward the top in a single session, like what we’re seeing from Takung Art Co., Ltd. might cause fear in some investors, a single session move alone shouldn’t be the reason for a decision to, or not to, invest in a company. It’s always important to look into trends further out than a single session. When it comes to TKAT, below are the returns on investment that we’ve seen:

  • Past Seven Days – Over the past five trading sessions, TKAT has produced a change in price in the amount of -7.23%.
  • Past Month – The return on investment from Takung Art Co., Ltd. in the last month works out to -20.97%.
  • Past Three Months – Over the past 3 months, the stock has generated a return that works out to -20.18%
  • Past Six Months – Throughout the last 6 months, we’ve seen a performance that works out to -35.99% from the stock.
  • This Year So Far – Since the close of last year TKAT has produced a ROI of -6.01%.
  • Annually – Finally, over the past year, we’ve seen performance in the amount of -77.30% from TKAT. In this period of time, the stock has traded at a high of -82.71% and a low price of 23.92%.

Ratios Worth Paying Attention To

Looking at a few key ratios associated with a stock can provide prospective traders an understanding of just how dangerous and/or potentially profitable a stock pick might be. Below are a few of the important ratios to look at when digging into TKAT.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the level of short interest. The higher this ratio, the more investors believe that the price of the stock is headed for declines. In general, biotechnology stocks can come with a higher short ratio. However, we tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to Takung Art Co., Ltd., the stock’s short ratio is 0.01.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure If a company is able to cover its debts when they mature based on quick assets or current assets. In the biotechnology space, several companies rely on the continuation of investor support, the current and quick ratios can seem bad. However, several gems in the biotechnology space do have good quick and current ratios. As it relates to TKAT, the quick and current ratios come to 1.60 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets owned by the company. In this case, that ratio comes in at 1.29.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of the company’s stock. Many early stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotechnology industry, this is a very important ratio to look into. In this case, the cash to share value works out to 0.77.

How Analysts Feel About Takung Art Co., Ltd.

While it’s not a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a smart idea to consider their opinions to validate your own due diligence when it comes to making investment decisions in the biotechnology industry. Below you’ll find|Here are} the recent moves that we have seen from analysts as it relates to TKAT.

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Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TKAT, here’s what we’re seeing:

Institutions own 0.50% of the company. Institutional interest has moved by 30.34% over the past three months. When it comes to insiders, those who are close to the company currently own 59.52% percent of TKAT shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Float Information

Investors tend to have an interest in the total numbers of shares both outstanding and available. As it relates to Takung Art Co., Ltd., there are currently 12.03M with a float of 4.54M. These data mean that out of the total of 12.03M shares of TKAT currently in existence today, 4.54M are able to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to TKAT, the short percent of the float is 0.01%.

Financial Results And Expectations

What have ween seen from TKAT in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands at the moment, analysts expect that Takung Art Co., Ltd. will come up with earnings per diluted share in the amount of -0.09, with 0 to be announced in the next financial report. Although this information isn’t based on earnings, because we are chatting on the topic of analysts, Takung Art Co., Ltd. is presently graded as a 0 considering a scale that ranges from 1 to 5 on which 1 is the worst possible analyst grade and 5 is the best rating.
  • 5-Year Sales – In the last half decade, Takung Art Co., Ltd. has reported a change in sales that adds up to 0. Earnings in the last half decade have experienced a change of 68.60%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is commonly referred to as in the world of humans, Takung Art Co., Ltd. has generated a earnings change by 0. Takung Art Co., Ltd. has also moved the needle with regard to revenue that totals -88.20%.

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