TuanChe Ltd ADR (NASDAQ:TC) Dropped -15.97% In One Month

TuanChe Ltd ADR (NASDAQ:TC) has a beta value of 0.14 and has seen 28.13 million shares traded in the last trading session. The company, currently valued at $1.53M, closed the last trade at $1.00 per share which meant it gained $0.11 on the day or 12.36% during that session. The TC stock price is -330.0% off its 52-week high price of $4.30 and 25.0% above the 52-week low of $0.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 47930.0 shares traded. The 3-month trading volume is 160.94K shares.

TuanChe Ltd ADR (NASDAQ:TC) trade information

Over the past 30 days, the shares of TuanChe Ltd ADR (NASDAQ:TC) have changed -15.97%. Short interest in the company has seen 72694.0 shares shorted with days to cover at 0.35.

TuanChe Ltd ADR (TC) estimates and forecasts

The company’s shares have lost -42.53% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 27.32% over the past 5 years.

TC Dividends

TuanChe Ltd ADR is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

TuanChe Ltd ADR (NASDAQ:TC)’s Major holders

The top two institutional holders are BLACKROCK INC. with over 0.59 million shares worth more than $11.31 million. As of 2024-06-30, BLACKROCK INC. held 34.5343% of shares outstanding.

The other major institutional holder is CITADEL ADVISORS LLC, with the holding of over 11012.0 shares as of 2024-06-30. The firm’s total holdings are worth over $19601.0 and represent 0.6383% of shares outstanding.