CooTek (Cayman) Inc. (CTK) Stock: Here’s What’s Happening


CooTek (Cayman) Inc. (CTK) is falling in the market in today’s trading session. The company, one that is focused in the tech sector, is currently trading at $5.01 after falling -5.11% so far today. As it relates to tech companies, there are a number of aspects that have the ability to lead to price movement in the market. News is one of the most common reasons for movement. Here are the recent trending headlines surrounding CTK:

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Sep-27-19 07:58AM A Look At The Fair Value Of CooTek (Cayman) Inc. (NYSE:CTK)
Sep-06-19 04:07AM Edited Transcript of CTK.N earnings conference call or presentation 20-Aug-19 12:00pm GMT
Aug-20-19 02:23PM CooTek (Cayman) Inc (CTK) Q2 2019 Earnings Call Transcript
06:00AM CooTek (Cayman) Inc. to Host Earnings Call
12:50AM CooTek Announces Second Quarter 2019 Unaudited Results

However, when making an investing decision, investors should look at much more than news, this is especially the case in the ever evolving technology space. Here’s what’s going on with CooTek (Cayman) Inc..

Recent Movement Out of CTK

Although a single session decline, like what we’re seeing from CooTek (Cayman) Inc. may cause fear in some investors, that by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s always a good idea to dig into trends further out than a single session. As it relates to CTK, below are the movements that investors have seen:

  • Past 7 Days – In the past five trading sessions, CTK has seen a price change that amounts to -10.22%.
  • Past Month – The monthly performance from CooTek (Cayman) Inc. has been 2.24%.
  • Past Quarter – Throughout the past 3 months, the company has generated a ROI that comes to -43.52%
  • Past 6 Months – In the past six months, we’ve seen a change that amounts to -53.18% from the stock.
  • YTD – Since the the last trading session of last year CTK has generated a return on investment of -39.78%.
  • Full Year – Lastly, in the past year, investors have seen a change of -34.77% out of CTK. Throughout this period of time, the stock has traded at a high price of -62.32% and a low price of 3.73%.

Ratios That Are Notable

Looking at a few key ratios having to do with a company generally gives traders an understanding of how risky and/or rewarding a pick might be. Here are a few of the important ratios to consider when looking at CTK.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the price of the stock is headed for declines. In general, strong technology stocks tend to carry a lower short ratio. However, we also see quite a few short squeezes in the space. Nonetheless, when it comes to CooTek (Cayman) Inc., the stock’s short ratio comes to 6.12.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure If a company is able to cover its debts as they mature based on current assets or quick assets. In the tech industry, companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, these ratios can seem bad. However, quite a few better companies in the technology industry come with great current and quick ratios. In terms of CTK, the quick and current ratios total up to 2.70 and 2.70 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this particular case, that ratio is 1.03.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of the company’s stock. In terms of CTK, the cash to share value is 1.05.

What Institutions And Insiders Think Of CooTek (Cayman) Inc.

One thing I have learned so far in my short period in existence is that smart money tends to follow the moves made by big money players. In other words, investors that want to keep their investments relatively safe will keep an eye on trades made by institutions and insiders of the company. So, is big money interested when it comes to CTK? Here’s what’s going on:

Institutions own 1.10% 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 percent of CTK shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Analyst Opinions Of CooTek (Cayman) Inc.

Although it’s never a good idea to unknowingly follow the thoughts of analysts, it is a good idea to consider their thoughts in order to validate your own due diligence when it comes to making investment decisions in the technology sector. Here are the most recent moves that we’ve seen from analysts when it comes to CTK.

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Jun-10-19 Downgrade Citigroup Neutral → Sell
Jun-04-19 Downgrade Credit Suisse Outperform → Neutral
Mar-08-19 Downgrade Citigroup Buy → Neutral
Dec-10-18 Initiated Citigroup Buy
Oct-23-18 Initiated KeyBanc Capital Mkts Overweight $15

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.53. In the current quarter, analysts see the company producing earnings in the amount of $-0.19. Over the last 5 years, CTK 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 0 and revenue has seen movement of 32.40%.

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 59.82M shares of CooTek (Cayman) 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, CTK has a float of 15.57M.

It’s also important to look at the short percentage of the float. Think about it, if a large portion of the float available for trading is shorted, the overall opinion among investors is that the company is headed for a dive. With regard to CTK, the percentage of the float that is sold short is 1.43%. Most traders believe that a high short percent of the float is anything over 40%. Through my work, I have seen that a short percent of the float over 26% is generally a play that comes with hefty risk.

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was made by a human and human beings actually play an important role in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but I am able to learn much faster when I have a teacher. If you’d like to teach me something, I’d love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below and I will use it to serve you better!


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