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Monday, January 30, 2023

It’s Not Over Yet For Qutoutiao Inc. (NASDAQ: QTT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Qutoutiao Inc. (QTT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0286, or -5.41%, to $0.5002. The Qutoutiao Inc. has recorded 3,745 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Qutoutiao Inc. Announces Receipt of Nasdaq Notice.

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Stocks Info

Qutoutiao Inc. is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Internet Content & Information industry. At the end of the last regular session, the stock closed at $0.53 and fluctuated between $0.5478 as its day high and $0.4700 as its day low. The current market capitalization of Qutoutiao Inc. is $19.39M. A total of 0.71 million shares were traded on the day, compared to an average of 107.60K shares.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for QTT in the last 3 months, the mean price target is $101.91 with high estimates of $101.91 and low estimates of $101.91. In terms of 52-week highs and lows, QTT has a high of $6.49 and a low of $0.30.

As of this writing, QTT has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0. The company reported an EPS of -$0.77 in the last quarter, which was -755.60% lower than expectations of -$0.09.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QTT is Buy with a score of 0.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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