Jefferies lifts TCTM Kids IT Education Inc. ADR [TCTM] price estimate. Who else is bullish?

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TCTM Kids IT Education Inc. ADR [NASDAQ: TCTM] plunged by -$0.03 during the normal trading session on while it closed the day at $0.45.

TCTM Kids IT Education Inc. ADR stock has also loss -10.04% of its value over the past 7 days. However, TCTM stock has declined by -56.58% in the 3 months of the year. Over the past six months meanwhile, it has lost -46.87% and lost -37.33% year-on date.

The market cap for TCTM stock reached $3.83 million, with 9.63 million shares outstanding and 8.40 million shares in the current float. Compared to the average trading volume of 14.26M shares, TCTM reached a trading volume of 4439304 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 TCTM Kids IT Education Inc. ADR [TCTM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TCTM shares is $8.01 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TCTM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for TCTM Kids IT Education Inc. ADR shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on November 21, 2018. The new note on the price target was released on June 07, 2018, representing the official price target for TCTM Kids IT Education Inc. ADR stock.

TCTM stock trade performance evaluation

TCTM Kids IT Education Inc. ADR [TCTM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.04. With this latest performance, TCTM shares dropped by -5.07% in over the last four-week period, additionally sinking by -46.87% over the last 6 months – not to mention a drop of -51.44% 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 TCTM stock in for the last two-week period is set at 46.30, with the RSI for the last a single of trading hit 46.95, and the three-weeks RSI is set at 45.22 for TCTM Kids IT Education Inc. ADR [TCTM]. The present Moving Average for the last 50 days of trading for this stock 0.6267, while it was recorded at 0.4747 for the last single week of trading, and 1.0548 for the last 200 days.

TCTM Kids IT Education Inc. ADR [TCTM]: An insightful look at the core fundamentals

TCTM Kids IT Education Inc. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.12 and a Current Ratio set at 0.12.

TCTM Kids IT Education Inc. ADR [TCTM]: Institutional Ownership