Tattooed Chef Inc. (NASDAQ:TTCF) has seen 5.05 million shares traded in the last trading session. The company, currently valued at $1.97B, closed the last trade at $22.08 per share which meant it lost -$1.95 on the day or -8.11% during that session. The TTCF stock price is -29.71% off its 52-week high price of $28.64 and 36.19% above the 52-week low of $14.09. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.21 million shares traded. The 3-month trading volume is 1.79 million shares.
The consensus among analysts is that Tattooed Chef Inc. (TTCF) is an Overweight stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.01.
Tattooed Chef Inc. (NASDAQ:TTCF) trade information
Sporting -8.11% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the TTCF stock price touched $22.08 or saw a rise of 12.9%. Year-to-date, Tattooed Chef Inc. shares have moved -3.54%, while the 5-day performance has seen it change 9.85%. Over the past 30 days, the shares of Tattooed Chef Inc. (NASDAQ:TTCF) have changed 8.39%. Short interest in the company has seen 8.28 million shares shorted with days to cover at 5.64.
Wall Street analysts have a consensus price target for the stock at $22.50, which means that the shares’ value could jump 1.87% from current levels. The projected low price target is $18.00 while the price target rests at a high of $27.00. In that case, then, we find that the current price level is -22.28% off the targeted high while a plunge would see the stock lose 18.48% from current levels.
Tattooed Chef Inc. (TTCF) estimates and forecasts
Figures show that Tattooed Chef Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 14.76% over the past 6 months, with this year growth rate of -1,314.29%, compared to 5.50% for the industry. Revenue growth from the last financial year stood is estimated to be 61.20%.
2 analysts offering their estimates for the company have set an average revenue estimate of $50.72 million for the current quarter. 2 have an estimated revenue figure of $63.95 million for the next quarter concluding in Sep 2021.
Tattooed Chef Inc. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Tattooed Chef Inc. (NASDAQ:TTCF)’s Major holders
Insiders own 47.31% of the company shares, while shares held by institutions stand at 11.38% with a share float percentage of 21.60%. Investors are also buoyed by the number of investors in a company, with Tattooed Chef Inc. having a total of 79 institutions that hold shares in the company. The top two institutional holders are Falcon Edge Capital, LP with over 2.98 million shares worth more than $68.25 million. As of Dec 30, 2020, Falcon Edge Capital, LP held 3.68% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 0.95 million shares as of Dec 30, 2020. The firm’s total holdings are worth over $21.79 million and represent 1.17% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Dec 30, 2020, the former fund manager holds about 0.67% shares in the company for having 0.54 million shares of worth $12.42 million while later fund manager owns 0.36 million shares of worth $8.18 million as of Dec 30, 2020, which makes it owner of about 0.44% of company’s outstanding stock.