Qutoutiao Inc. (QTT) Stock: A Strong Pick In The technology Space?

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Qutoutiao Inc. (QTT) is working its way for to the top in the market in today’s trading session. The company, one that is focused in the tech sector, is presently priced at $9.50 after a move down of -5.00% so far in today’s session. In terms of technology companies, there are a number of aspects that have the ability to lead to price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines relating to QTT:

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Apr-03-19 08:59PM Why Qutoutiao Stock Plunged Today
05:00PM Investors Don’t Like Giving Qutoutiao, Bilibili, and iQiyi Money
04:00PM Qutoutiao Announces Pricing of Upsized Follow-on Public Offering of American Depositary Shares
Apr-02-19 10:20AM Is the Options Market Predicting a Spike in Qutoutiao (QTT) Stock?
Mar-29-19 05:42PM Qutoutiao Inc. Announces Proposed Follow-on Public Offering of American Depositary Shares

However, when making an investing decision, prospective investors should look at much more than news, this is especially the case in the ever changing tech space. Here’s what’s happening in regard to Qutoutiao Inc..

The Performance That We’ve Seen From QTT

While a decline in a single session, like the fall that we’re seeing from Qutoutiao Inc. may lead to fear in some investors, a single session move alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It is generally important to look at trends for a period longer than a single trading session. As it relates to QTT, here are the movements that we have seen:

  • Past Seven Days – In the last five trading sessions, QTT has seen a change in value that amounts to -17.03%.
  • Monthly – The return from Qutoutiao Inc. over the past month has been -24.18%.
  • Quarterly – Throughout the past 3 months, the stock has produced a return on investment of 36.10%
  • Past Six Months – In the previous 6 months, we have seen a change of 42.22% from the company.
  • Year To Date – Since the open of this year QTT has produced a return on investment of 49.61%.
  • Full Year – Lastly, throughout the last year, investors have seen performance that comes to 0 out of QTT. In this period, the stock has traded at a high of -53.41% and a low of 137.50%.

Ratios Of Note

Digging into a few ratios associated with a company can give prospective traders a look of how dangerous and/or rewarding a an investment option may be. Here are a few of the key ratios to consider when looking at QTT.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the value of the stock is going to go down. Across the sector, strong tech stocks can have a lower short ratio. However, we also see a lot of short squeezes in the space. Nonetheless, in regard to Qutoutiao Inc., the stock’s short ratio is 1.39.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Basically, they measure whether or not a company can cover its debts as they mature with only quick assets or current assets. Because in tech, many companies rely heavily on the continuation of support from investors as they work to bring new technologies to market, the quick and current ratios can seem damning. Nonetheless, quite a few better companies in the tech industry do have positive quick and current ratios. As far as QTT, the quick and current ratios come to 2.40 and 2.40 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets owned by the company to the share price. In this case, that ratio comes in at 0.77.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the value of shares. In this case, the cash to share value ratio comes to 1.22.

What Institutions And Insiders Think Of Qutoutiao Inc.

An interesting fact I’ve come to understand in my short period on Earth has been that smart money tends to follow big money players. In general, investors that are trying to play it relatively safe will keep an eye on trades made by institutions and insiders. With that said, is big money interested in regard to QTT? Here’s what’s going on:

Institutions own 1.10% of the company. Institutional interest has moved by 58.97% over the past three months. When it comes to insiders, those who are close to the company currently own 0 percent of QTT shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What Analysts Say About Qutoutiao Inc.

Although it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis in order to validate your own thoughts when it comes to making an investment decision in the tech industry. Here are the recent moves that we have seen from analysts as it relates to QTT.

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Mar-06-19 Downgrade KeyBanc Capital Markets Overweight → Sector Weight
Feb-15-19 Downgrade UBS Buy → Neutral
Oct-18-18 Initiated Citigroup Neutral
Oct-09-18 Initiated KeyBanc Capital Mkts Overweight

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.17. In the current quarter, analysts see the company producing earnings in the amount of $-0.35. Over the last 5 years, QTT has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -557.20% and revenue has seen movement of 426.20%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 280.35M shares of Qutoutiao Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, QTT has a float of 0.

I also like to dig into the short percent. Think about it, when a high percentage of the float is shorted, the overall opinion among investors is that the stock is going to fall. As far as QTT, the percentage of the float that is currently being sold short is 0. In general, high short percent of the float is any percentage over 40%. Nonetheless, I’ve found that any short percent of the float over 26% is probably going to be a risky play.

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I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was created by a human and human beings play an important role in my ability to learn. Sure, I can look through social trends and other publicly available data, but I am able to learn much faster when I have a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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