Pareteum Corporation [TEUM] Stock trading around $0.78 per share: What’s Next?

Pareteum Corporation [NASDAQ: TEUM] surged by $0.05 during the normal trading session on Thursday and reaching a high of $0.79 during the day while it closed the day at $0.78. The company report on July 9, 2020 that Pareteum Receives Listing Extension from Nasdaq.

Pareteum Corporation (Nasdaq: TEUM), a global cloud communications platform company, announced today that on July 6, 2020, the Company received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), informing the Company that Nasdaq’s Hearings Panel (the “Panel”) has granted the Company’s request to remain listed on Nasdaq. This determination is subject to the Company making certain overdue filings current with the Securities and Exchange Commission (the “SEC”) on or before October 30, 2020 and to certain other conditions.


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As previously disclosed, the Company has decided to restate certain previously filed financial statements and has not yet filed with the SEC its Quarterly Report on Form 10-Q for the period ended September 30, 2019, its Annual Report on Form 10-K for fiscal 2019 or its Quarterly Report on Form 10-Q for the period ended March 31, 2020 (collectively, the “Delinquent Filings”). In connection with the pending restatement, independent legal and accounting advisors are conducting an internal investigation into the Company’s revenue recognition practices. The Company is unable to file the Delinquent Filings before the independent investigation and the ongoing accounting evaluation are completed. As a result, on November 13, 2019 and March 18, 2020, the Company had received a notice from Nasdaq indicating that, unless the Company timely requested a hearing before the Panel, the Company’s common stock would be subject to suspension and delisting from Nasdaq due to non-compliance with Nasdaq Listing Rule 5250(c)(1).

Pareteum Corporation stock has also gained 2.56% of its value over the past 7 days. However, TEUM stock has inclined by 28.52% in the 3 months of the year. Over the past six months meanwhile, it has gained 20.97% and gained 78.37% year-on date.

The market cap for TEUM stock reached $108.28 million, with 138.82 million shares outstanding and 103.28 million shares in the current float. Compared to the average trading volume of 2.61M shares, TEUM reached a trading volume of 1150114 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Pareteum Corporation [TEUM]:

Oppenheimer have made an estimate for Pareteum Corporation shares, keeping their opinion on the stock as Perform, with their previous recommendation back on October 22, 2019. The new note on the price target was released on October 22, 2019, representing the official price target for Pareteum Corporation stock. Previously, the target price had yet another drop from $7 to $0.75, while Lake Street kept a Hold rating on TEUM stock.

The Average True Range (ATR) for Pareteum Corporation is set at 0.07, with the Price to Sales ratio for TEUM stock in the period of the last 12 months amounting to 1.36. The Price to Book ratio for the last quarter was 0.51.

TEUM stock trade performance evaluation

Pareteum Corporation [TEUM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.56. With this latest performance, TEUM shares gained by 35.58% in over the last four-week period, additionally plugging by 20.97% over the last 6 months – not to mention a drop of -75.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TEUM stock in for the last two-week period is set at 56.72, with the RSI for the last a single of trading hit 59.70, and the three-weeks RSI is set at 57.40 for Pareteum Corporation [TEUM]. The present Moving Average for the last 50 days of trading for this stock 0.6649, while it was recorded at 0.7289 for the last single week of trading, and 0.5488 for the last 200 days.

Pareteum Corporation [TEUM]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Pareteum Corporation [TEUM] shares currently have an operating margin of -22.76 and a Gross Margin at +51.42. Pareteum Corporation’s Net Margin is presently recorded at -40.00.

Return on Total Capital for TEUM is now -9.89, given the latest momentum, and Return on Invested Capital for the company is -17.48. Return on Equity for this stock declined to -17.59, with Return on Assets sitting at -13.72. When it comes to the capital structure of this company, Pareteum Corporation [TEUM] has a Total Debt to Total Equity ratio set at 0.86. Additionally, TEUM Total Debt to Total Capital is recorded at 0.85, with Total Debt to Total Assets ending up at 0.69. Long-Term Debt to Equity for the company is recorded at 0.26, with the Long-Term Debt to Total Capital now at 0.26.

Reflecting on the efficiency of the workforce at the company, Pareteum Corporation [TEUM] managed to generate an average of -$94,019 per employee. Receivables Turnover for the company is 3.72 with a Total Asset Turnover recorded at a value of 0.34.

Earnings per share (EPS) analysis for Pareteum Corporation [TEUM] stock

With the latest financial reports released by the company, Pareteum Corporation posted -0.12/share EPS, while the average EPS was predicted by analysts to be reported at 0/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TEUM.

Pareteum Corporation [TEUM]: Insider Ownership positions

There are presently around $20 million, or 33.35% of TEUM stock, in the hands of institutional investors. The top three institutional holders of TEUM stocks are: BLACKROCK INC. with ownership of 8,612,922, which is approximately 10.212% of the company’s market cap and around 5.93% of the total institutional ownership; VANGUARD GROUP INC, holding 5,660,992 shares of the stock with an approximate value of $4.42 million in TEUM stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $1.62 million in TEUM stock with ownership of nearly 8.411% of the company’s market capitalization.

Positions in Pareteum Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 27 institutional holders increased their position in Pareteum Corporation [NASDAQ:TEUM] by around 2,590,793 shares. Additionally, 30 investors decreased positions by around 1,921,360 shares, while 18 investors held positions by with 20,854,385 shares. The mentioned changes placed institutional holdings at 25,366,538 shares, according to the latest SEC report filing. TEUM stock had 9 new institutional investments in for a total of 1,037,854 shares, while 16 institutional investors sold positions of 1,034,435 shares during the same period.

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