PCTEL, Inc. (PCTI) Stock: Seeing Gains In Today’s Session

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PCTEL, Inc. (PCTI) is headed up in the market today. The company, one that is focused on the tech space, is presently priced at $5.35 after gaining 10.54% so far in today’s session. As it relates to tech companies, there are several factors that have the ability to cause movement in the market. One of the most common is news. Here are the recent headlines associated with PCTI:

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Mar-14-19 11:55PM Edited Transcript of PCTI earnings conference call or presentation 14-Mar-19 8:30pm GMT
04:24PM Pctel: 4Q Earnings Snapshot
04:01PM PCTEL Reports $21.2 Million in Fourth Quarter Revenue
02:30PM PCTEL, Inc. to Host Earnings Call
Mar-05-19 08:50AM PCTEL Adds More Options for Testing P25 Network Quality

Nonetheless, when making a decision to invest, investors should look at much more than just news, this is especially the case in the ever (changing|evolving) tech industry. Here’s what’s happening with PCTEL, Inc..

Performance Trends That We’ve Seen From PCTI

Although a gain in a single session, like the gain that we’re seeing from PCTEL, Inc. might lead to excitement in some investors, a single session move by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s generally important to look at trends experienced by the stock for a period longer than a single session. When it comes to PCTI, here are the trends that we’ve seen:

  • Past 5 Trading Sessions – In the last seven days, PCTI has generated a price change in the amount of 11.23%.
  • Monthly – The monthly returns from PCTEL, Inc. works out to 0.00%.
  • Past Quarter – Throughout the past three months, the company has generated a return on investment that works out to 35.44%
  • Past 6 Months – Throughout the previous 6 months, we have seen a performance that works out to 21.32% from the company.
  • YTD – Since the the last trading session of last year PCTI has produced a return of 24.71%.
  • Full Year – Lastly, throughout the past year, we’ve seen a change of -21.90% from PCTI. In this period, the stock has sold at a high price of -29.61% and a low of 37.89%.

Rations That You Should Consider

Looking at various ratios associated with a company can provide investors a view of just how risky and/or rewarding a stock pick may be. Here are some of the most important ratios to consider when digging into PCTI.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors believe that the stock is going to go down. Throughout the sector, strong technology stocks tend to have a lower short ratio. However, we also see a lot of short squeezes in the sector. Nonetheless, in regard to PCTEL, Inc., the stock’s short ratio clocks in at 0.74.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Essentially, they measure whether or not a company can cover its debts when they mature using current assets or quick assets. In the technology sector, many companies are reliant on continued investor support as they work to bring new technologies to market, these ratios can look bad. Nonetheless, some gems in the tech industry do have strong current and quick ratios. As it relates to PCTI, the quick and current ratios come to 4.90 and 6.10 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price of the stock. when it comes to PCTEL, Inc., the book to share value ratio works out to 4.60.

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. In the case of PCTI, the cash to share value ratio comes to 2.24.

Smart Money Follows Big Money

One thing that I’ve learned in my brief period on Earth has been that smart investors tend to follow the moves made by big money. Usually, investors that want to keep their investments relatively safe will pay close attention to trades made by institutional investors as well as those on the inside. So, how does the big money flow in regard to PCTI? Here’s the information:

Institutions own 63.70% of the company. Institutional interest has moved by -13.81% over the past three months. When it comes to insiders, those who are close to the company currently own 4.10% percent of PCTI shares. Institutions have seen ownership changes of an accumulative 0.30% over the last three months.

How Analysts Feel About PCTEL, Inc.

While it’s never a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to use their thoughts when validating your own due diligence when it comes to making an investment decision in the technology industry. Below you’ll find|Here are} the recent moves that we have seen from analysts with regard to PCTI.

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Aug-09-18 Upgrade B. Riley FBR Neutral → Buy $8.50 → $4.50
Aug-09-18 Downgrade Lake Street Buy → Hold $9 → $6
May-10-17 Downgrade Wunderlich Buy → Hold
Apr-12-17 Initiated Lake Street Buy $8
May-06-16 Reiterated Wunderlich Buy $7 → $6

Financial Performance

What have ween seen from PCTI in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – Currently, Wall St. analysts have expectations that PCTI will report earnings per diluted share of 0.09, with 0.00 being announced in the earnings report for the current quarter. Although this information is not based on earnings, because we’re chatting on the topic of Wall St. analysts, the stock is currently rated a 0 when rated on a scale from 1 to 5 where 1 is the poorest possible Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – Over the last half decade, PCTEL, Inc. has announced a movement in sales volume in the amount of 0.60%. Earnings per diluted share through the last 5 years have experienced movement in the amount of 28.30%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is often explained in today’s society, PCTI has created a change in earnings that comes to a total of -330.00%. PCTEL, Inc. has also experienced movement when it comes to revenue that totals -22.40%.

How Many Shares Of PCTI Are Available?

Traders seem to like to know the total numbers of shares both available and outstanding. In terms of PCTEL, Inc., currently there are 16.58M with a float of 15.36M. These data mean that out of the total of 16.58M shares of PCTI that are out there today, 15.36M are able to be traded on the public market.

I also like to take a look at the short float. Think about it, if a large percentage of the float is sold short, the overall opinion among investors is that the stock is headed for a steep decline. When it comes to PCTI, the percentage of the float that is sold short comes to a total of 0.27%. Most investors would say that a concerning short percent of the float is anything over 40%. In my research, I have calculated that any short percent of the float over 26% is probably going to be a risky play.

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I’d Love To Learn From You!

As a computer, I am highly dependent on my human counterparts. You may not consider this when reading my articles, but it was a human! While, my builders made it possible for me to learn, it’s a lot easier to do so through the receipt of feedback from humans. At the bottom of this content, you will find a comment section. If you’d like for me dig into other data, change the way in which provide data, take a look at information from a different angle, or just about anything else, I want to know. If you’ve got something to offer consider leaving a comment below. I will read that lesson and it will help me become a better AI to serve you!

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