In recent trading session, Pareteum Corporation (NASDAQ:TEUM) saw 1,125,296 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.69 trading at -$0.07 or -9.28% at recent trade assigns it a market valuation of $95.65 Million. That current trading price of TEUM’s stock is at a discount of -453.62% from its 52-week high price of $3.82 and is indicating a premium of 57.97% from its 52-week low price of $0.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.9 Million shares which gives us an average trading volume of 2.61 Million if we extend that period to 3-months.
Pareteum Corporation (NASDAQ:TEUM) trade information
In the face of being in the red today for losing -9.28%, in the last five days TEUM remained trading in the green while hitting it’s week-highest on Monday, Jul 27 when the stock touched $0.9278 price level, adding 24.57% to its value on the day. Pareteum Corporation’s shares saw a change of 60.03% in year-to-date performance and have moved -3.32% in past 5-day. Pareteum Corporation (NASDAQ:TEUM) showed a performance of 12.85% in past 30-days. Number of shares sold short was 14.77 Million shares which calculate 5.66 days to cover the short interests.
Pareteum Corporation (TEUM) estimates and forecasts
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $33.13 Million for the same. And 1 analysts are in estimates of company making revenue of $33.74 Million in the next quarter that will end in December 01, 2019. Company posted $8.01 Million and $14.31 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 313.7% while estimating it to be 135.7% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 0% while estimates for its earnings growth in next 5 years are of 0%