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

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Qutoutiao Inc. (QTT) is headed up in the market in today’s trading session. The stock, one that is focused on the tech sector, is currently priced at $3.29 after a move up of 5.11% so far in today’s session. When it comes to technology companies, there are quite a few factors that have the potential to generate movement in the market. News is one of the most common reasons for movement. Here are the most recent stories centered around QTT:

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Sep-13-19 10:52AM What Kind Of Shareholders Own Qutoutiao Inc. (NASDAQ:QTT)?
Sep-05-19 11:56AM Qutoutiao Inc. (QTT) Q2 2019 Earnings Call Transcript
11:36AM Why Shares of Qutoutiao Fell Today
Sep-04-19 04:05PM Qutoutiao Inc. Reports Second Quarter 2019 Unaudited Financial Results
Aug-14-19 08:00AM Qutoutiao Inc. to Report Second Quarter 2019 Results on September 4, 2019

However, when making a decision with regard to investing, investors should look into far more than just news, this is especially the case in the ever evolving tech sector. Here’s what’s happening in regard to Qutoutiao Inc..

The Performance That QTT Investors Have Experienced

Although a move toward the top in a single session, like the move that we’re seeing from Qutoutiao Inc. may lead to excitement in some investors, that by itself should not be the reason for a decision to, or not to, invest in a company. It’s generally a good idea to dig into trends experienced by the stock for a period longer than a single session. In the case of QTT, here are the returns on investment that investors have experienced:

  • Past 5 Trading Sessions – In the past seven days, QTT has seen a price change that amounts to 3.13%.
  • Past Month – The monthly ROI from Qutoutiao Inc. has been -19.76%.
  • Past Quarter – Over the last quarter, the stock has produced a return of -29.40%
  • Past 6 Months – Over the previous six months, we have seen a change that equates to -63.20% from the company.
  • YTD – Since the close of last year QTT has produced a ROI of -48.19%.
  • Full Year – Lastly, in the last full year, we have seen movement that comes to -54.31% from QTT. Over this period of time, the stock has traded at a high price of -81.72% and a low of 19.20%.

Ratios Worth Watching

Digging into a few ratios having to do with a stock can give investors an understanding of just how risky and/or rewarding a an investment option might be. Below are a few of the most important ratios to look at when looking at QTT.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it shows that more investors have a belief that the stock is headed for declines. In general, strong tech stocks tend to carry a lower short ratio. However, we also tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Qutoutiao Inc., the stock’s short ratio amounts to 7.54.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure whether or not a company can cover its debts when they mature with only current assets or quick assets. Because in tech, several companies are reliant on the continuation of support from investors as they work to bring new technologies to market, the current and quick ratios can look damning. Nonetheless, quite a few good picks in the technology sector come with great quick and current ratios. As it relates to QTT, the quick and current ratios add up to 2.20 and 2.20 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets currently owned by the company to the share price. In this case, that ratio is 0.49.

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 is 1.16.

Is Big Money Interested in Qutoutiao Inc.?

An interesting fact that I have learned so far in my short period in existence has been that good investors tend to follow big money. That is to say, investors that are looking to keep their investments relatively safe will follow investments made by institutional investors as well as insiders of the company. So, what does the big money picture look like in regard to QTT? Here’s the information:

Institutions own 12.30% of the company. Institutional interest has moved by -1.09% 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 Think About Qutoutiao Inc.

Although it’s never a smart idea to unknowingly follow the opinions of analysts, it is a good idea to use their opinions when validating your own opinions before making an investment decision in the technology space. Here are the most recent moves that we’ve seen from analysts when it comes to QTT.

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Apr-16-19 Upgrade Citigroup Neutral → Buy $14
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 Results And Expectations

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

  • Analyst Expectations – Currently, Wall Street analysts are expecting that QTT will report earnings per diluted share that comes to -0.67, with -0.34 to be reported in the earnings report for the current quarter. Although this data is not associated with earnings, because we are chatting about analysts, QTT is currently rated a 2.40 considering a scale that ranges from 1 to 5 where 1 is the worst average Wall St. analyst rating and 5 is the best possible.
  • 5-Year Sales – In the last half decade, Qutoutiao Inc. has announced a change in revenue in the amount of 0. Earnings per diluted share through the last 5 years have seen movement in the amount of 0.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is commonly represented in the human world, the company has created a change in earnings that amounts to -144.10%. The company has also experienced movement in regard to revenue that amounts to 187.90%.

What’s Going On With Share Counts?

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 276.39M 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 find it important to follow the short float. After all, when a large percentage of the float available for trading is sold short, the overall opinion among investors is that the company is headed for a deep dive. With regard to QTT, the percentage of the float that is sold short comes to a total of 0. Most investors would say that a concerning short percent of the float is anything over 40%. However, I’ve calculated that a short ratio over 26% is usually a play that comes with hefty risk.

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