Pintec Technology Holdings Limited [PT] gain 59.20% so far this year. What now?

Pintec Technology Holdings Limited [NASDAQ: PT] loss -16.58% on the last trading session, reaching $1.56 price per share at the time. The company report on December 18, 2020 that Pintec enables China Mobile’s subsidiary Aspire Holdings with intelligent fintech solutions.

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Pintec Technology Holdings Ltd. (“Pintec”; NASDAQ: PT), a leading independent fintech solutions provider, announced that it has cooperated with China Mobile Communications Corp. (“CMCC”)’s subsidiary Aspire Holdings Ltd. to jointly develop advanced fintech solutions, leveraging Pintec’s big data analytics and AI technology capabilities.

Aspire Holdings Ltd is one of the earliest pioneers to launch mobile data services and has been actively facilitating CMCC in exploring and expanding businesses in the areas such as IT, ICT and the Internet. The company has been actively exploring big data and AI technologies in business applications in recent years.

Pintec Technology Holdings Limited represents 42.45 million in outstanding shares, while the company has a total market value of $67.30 million with the latest information. PT stock price has been found in the range of $1.38 to $1.68.

If compared to the average trading volume of 937.27K shares, PT reached a trading volume of 1201792 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Pintec Technology Holdings Limited [PT]:

The Average True Range (ATR) for Pintec Technology Holdings Limited is set at 0.31, with the Price to Sales ratio for PT stock in the period of the last 12 months amounting to 0.34. The Price to Book ratio for the last quarter was 2.26, with the Price to Cash per share for the same quarter was set at 0.69.

Trading performance analysis for PT stock

Pintec Technology Holdings Limited [PT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -30.04. With this latest performance, PT shares gained by 33.33% in over the last four-week period, additionally plugging by 63.47% over the last 6 months – not to mention a drop of -34.18% 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 PT stock in for the last two-week period is set at 49.42, with the RSI for the last a single of trading hit 44.04, and the three-weeks RSI is set at 52.20 for Pintec Technology Holdings Limited [PT]. The present Moving Average for the last 50 days of trading for this stock 1.2748, while it was recorded at 2.0200 for the last single week of trading, and 1.0936 for the last 200 days.

Pintec Technology Holdings Limited [PT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Pintec Technology Holdings Limited [PT] shares currently have an operating margin of -56.68 and a Gross Margin at +43.18. Pintec Technology Holdings Limited’s Net Margin is presently recorded at -70.48.

Return on Total Capital for PT is now -46.05, given the latest momentum, and Return on Invested Capital for the company is -131.82. Return on Equity for this stock declined to -144.70, with Return on Assets sitting at -46.09. When it comes to the capital structure of this company, Pintec Technology Holdings Limited [PT] has a Total Debt to Total Equity ratio set at 434.11. Additionally, PT Total Debt to Total Capital is recorded at 81.28, with Total Debt to Total Assets ending up at 52.72. Long-Term Debt to Equity for the company is recorded at 53.55, with the Long-Term Debt to Total Capital now at 10.03.

Reflecting on the efficiency of the workforce at the company, Pintec Technology Holdings Limited [PT] managed to generate an average of -$512,117 per employee. Receivables Turnover for the company is 1.27 with a Total Asset Turnover recorded at a value of 0.65.Pintec Technology Holdings Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

An analysis of insider ownership at Pintec Technology Holdings Limited [PT]

There are presently around $0 million, or 0.60% of PT stock, in the hands of institutional investors. The top three institutional holders of PT stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 66,625, which is approximately New of the company’s market cap and around 10.42% of the total institutional ownership; CITADEL ADVISORS LLC, holding 49,455 shares of the stock with an approximate value of $77000.0 in PT stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $29000.0 in PT stock with ownership of nearly New of the company’s market capitalization.

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4 institutional holders increased their position in Pintec Technology Holdings Limited [NASDAQ:PT] by around 118,074 shares. Additionally, 2 investors decreased positions by around 97,092 shares, while 0 investors held positions by with 63,501 shares. The mentioned changes placed institutional holdings at 151,665 shares, according to the latest SEC report filing. PT stock had 3 new institutional investments in for a total of 102,210 shares, while 2 institutional investors sold positions of 97,092 shares during the same period.

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