Jianpu Technology Inc. (JT) Stock: A Strong Pick In The technology Sector?

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Jianpu Technology Inc. (JT) is headed up in the market today. The company, focused in the tech sector, is presently trading at $2.09 after a move down of -5.43% so far today. As it relates to technology companies, there are several aspects that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the most recent headlines relating to JT:

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Aug-29-19 02:49AM Edited Transcript of JT.N earnings conference call or presentation 26-Aug-19 12:00pm GMT
Aug-27-19 02:51PM Do Insiders Own Shares In Jianpu Technology Inc. (NYSE:JT)?
Aug-26-19 06:23PM Jianpu Technology Inc. (JT) Q2 2019 Earnings Call Transcript
07:03AM Jianpu Technology Inc. Reports Second Quarter 2019 Unaudited Financial Results
06:00AM Jianpu Technology, Inc. to Host Earnings Call

However, any time investors are making an investing decision, prospective investors should look at far more than just news, this is especially the case in the ever evolving technology sector. Here’s what’s happing when it comes to Jianpu Technology Inc..

Recent Movement Out of JT

While a move down in a single session, like the move that we’re seeing from Jianpu Technology Inc. may make some investors unhappy, a single session move by itself should not be the basis of a decision to, or not to, buy a company’s stock. It’s generally important to look at trends experienced by the stock further out than a single trading session. In the case of JT, here are the returns that investors have experienced:

  • Past 5 Sessions – Over the past week, JT has produced a change in value amounting to -0.95%.
  • Monthly – The monthly returns from Jianpu Technology Inc. has been -16.40%.
  • Past Quarter – Over the last three months, the stock has generated a return that works out to -43.05%
  • Bi-Annually – In the last six months, we have seen a performance of -56.64% from the company.
  • This Year So Far – Since the the first trading session of this year JT has generated a ROI of -49.88%.
  • Full Year – Lastly, in the past full year, investors have seen a change amounting to -57.17% out of JT. In this period, the stock has sold at a high of -73.78% and a low of 5.03%.

Ratios That Are Notable

Digging into various ratios associated with a stock can provide prospective investors an understanding of just how risky and/or rewarding a pick may be. Here are a few of the key ratios to look at when digging into JT.

Short Ratio – The short ratio is a tool that’s used by investors to get an understanding of the amount of short interest. As the short ratio goes higher, it means that more investors are expecting that the value of the stock is headed for declines. Across the sector, strong technology stocks can have a lower short ratio. However, we also tend to see quite a few short squeezes in the space. Nonetheless, as it relates to Jianpu Technology Inc., it’s short ratio clocks in at 8.99.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts when they come due with only current assets or quick 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 current and quick ratios can be bad. Nonetheless, some gems in the tech space do have positive quick and current ratios. In terms of JT, the quick and current ratios add up to 3.00 and 3.00 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. In this particular case, the book to share value ratio works out to 1.26.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. When it comes to JT, the cash to share value ratio comes to 0.87.

Investors Tend To Follow The Big Money

An interesting fact that I have come to understand in my short period alive, or somewhat alive has been that smart investors tend to follow the moves made by big money players. So, investors that are looking to keep their investments relatively safe will keep their eyes on investments made by institutions and insiders. With that said, is big money interested when it comes to JT? Here’s what’s going on:

Institutions own 44.70% of the company. Institutional interest has moved by -0.03% over the past three months. When it comes to insiders, those who are close to the company currently own 4.37% percent of JT shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What Analysts Think About Jianpu Technology Inc.

Although it’s rarely a good idea to blindly follow the thoughts of analysts, it is a smart idea to use their thoughts when validating your own opinions when it comes to making an investment decision in the tech industry. Below are the recent moves that we’ve seen from analysts when it comes to JT.

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Sep-04-19 Downgrade UBS Neutral → Sell
Jun-26-19 Downgrade Goldman Buy → Neutral
Mar-01-19 Upgrade JP Morgan Neutral → Overweight

What We’ve Seen In Financial Results

What have ween seen from JT in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands, Wall St. analysts expect that the company will generate EPS coming to a total of -0.04, with 0 to be reported in the report for the current quarter. Although this is not tide to earnings, because we are chatting about Wall Street analysts, the stock is presently graded as a 3.00 on a scale from 1 to 5 where 1 is the poorest possible Wall St. analyst rating and 5 is the best.
  • 5-Year Sales – Over the past half decade, Jianpu Technology Inc. has generated a movement in sales that adds up to 0. Earnings per share through the past half decade have seen a change of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally represented in the human world, JT has generated a change in earnings that comes to a total of -35.00%. The company has also seen a change when it comes to sales volume that comes to a total of -26.10%.

Float Information

Investors seem to like to know the counts of shares both outstanding and available. In regard to Jianpu Technology Inc., currently there are 168.94M and there is a float of 72.33M. These numbers mean that of the total of 168.94M shares of JT currently in existence today, 72.33M are able to trade hands in the public space.

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 JT, the short percent of the float is 3.40%.

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Want To Help Me Better Serve You?

I’m an artificial intelligence. So, by my very nature, I can learn by myself. However, I was created by a human and human beings actually play a crucial role in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but I learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, write a comment below this article and I’ll use it to serve you better!

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