China TechFaith Wireless Communication Technology Limited (CNTF) Stock: Is This Tech Stock Worth Your Attention?

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China TechFaith Wireless Communication Technology Limited (CNTF) is gaining in the market today. The stock, focused on the technology industry, is presently priced at $1.16 after heading up 7.81% so far in today’s session. When it comes to tech stocks, there are a number of aspects that have the potential to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines relating to CNTF:

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Mar-11-19 12:15PM DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against China TechFaith Wireless Communication Technology Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
10:40AM FINAL DEADLINE (CNTF) China TechFaith Wireless Communication Technology Limited – Bronstein, Gewirtz & Grossman, LLC
Mar-10-19 02:08PM CNTF FINAL MARCH 11 DEADLINE: Rosen Law Firm Reminds China Techfaith Wireless Communication Technology Limited Investors of Important Deadline in First-Filed Securities Class Action Lawsuit CNTF
Mar-07-19 06:35PM 6-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against China TechFaith Wireless Communication Technology Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
01:01PM Deadline March 11, 2019 (CNTF) China TechFaith Wireless Communication Technology Limited – Bronstein, Gewirtz & Grossman, LLC

Nonetheless, any time investors are making a decision to invest, prospective investors should look into much more than just news, especially in the ever evolving tech space. Here’s what’s happening with China TechFaith Wireless Communication Technology Limited.

The Performance That CNTF Investors Have Experienced

Although a move up on a single session, like the gain that we’re seeing from China TechFaith Wireless Communication Technology Limited may cause excitement in some investors, a single session gain by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It is always important to look into trends experienced by the stock further out than a single session. When it comes to CNTF, below are the returns that investors have seen:

  • Past 5 Trading Sessions – Throughout the last 5 trading sessions, CNTF has seen a change in price in the amount of 8.32%.
  • Past 30 Days – The performance from China TechFaith Wireless Communication Technology Limited in the past 30 days works out to -6.10%.
  • Quarterly – Over the last quarter, the company has produced a ROI of 12.52%
  • Past 6 Months – Throughout the last 6 months, we have seen a change that amounts to -46.34% from the stock.
  • Year To Date – Since the the first trading session of this year CNTF has produced a return of 16.44%.
  • Annually – Lastly, in the past year, investors have seen performance amounting to -44.82% from CNTF. Over this period of time, the stock has sold at a high of -71.39% and a low of 53.21%.

Crucial Ratios

Looking at a few key ratios having to do with a stock can give investors an understanding of just how risky and/or potentially profitable a an investment option may be. Below are some of the key ratios to think about when looking at CNTF.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors have a belief that the value of the stock is headed for declines. Throughout the sector, strong tech stocks can have a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to China TechFaith Wireless Communication Technology Limited, the stock’s short ratio amounts to 0.39.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure the company’s abilities to pay for its debts as they mature with only quick assets or current assets. In the tech space, many companies rely heavily on continued investor support as they work to bring new technologies to market, the quick and current ratios can seem bad. However, several good picks in the tech sector do have positive quick and current ratios. As far as CNTF, the quick and current ratios total up to 1.50 and 1.50 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In this case, the book to share value ratio equates to 14.26.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. In terms of CNTF, the cash to share value works out to 0.18.

What Institutions And Insiders Think Of China TechFaith Wireless Communication Technology Limited

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 CNTF, here’s what we’re seeing:

Institutions own 10.00% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 0.30% percent of CNTF shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About China TechFaith Wireless Communication Technology Limited

While it’s never a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a good idea to use their analysis to validate your own opinions when it comes to making an investment decision in the technology space. Below are the recent moves that we’ve seen from analysts with regard to CNTF.

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May-20-08 Reiterated Roth Capital Buy $7.50 → $8
Apr-22-08 Reiterated Susquehanna Financial Positive $6.50 → $7
Apr-11-08 Initiated Roth Capital Buy $7.50
Nov-16-07 Upgrade Jefferies & Co Hold → Buy $8.65
Nov-14-07 Downgrade Brean Murray Buy → Hold

Earnings

What have ween seen from CNTF in terms of financial results?Here’s the information:

  • Analyst Expectations – At the moment, Wall St. analysts are expecting that the company will come up with earnings per diluted share coming to a total of 0, with 0 being announced in the earnings announcement for the current quarter. Although this information is not tide to earnings, since we are chatting about analysts, CNTF is presently graded as a 0 considering a scale that ranges from 1 to 5 where 1 is the worst possible Wall Street analyst rating and 5 is the best possible rating.
  • 5-Year Sales – In the last 5 years, China TechFaith Wireless Communication Technology Limited has announced a change in revenue that adds up to -19.40%. Earnings per share over the past 5 years have seen a change of -31.90%.
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is commonly represented in the human world, China TechFaith Wireless Communication Technology Limited has seen a change in earnings that comes to a total of 0. China TechFaith Wireless Communication Technology Limited has also seen movement when it comes to revenue that amounts to -60.60%.

Float Information

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 10.18M shares of China TechFaith Wireless Communication Technology Limited 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, CNTF has a float of 2.11M.

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 CNTF, the short percent of the float is 0.34%.

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