CooTek (Cayman) Inc. (NYSE:CTK) Short Interest Update
CooTek (Cayman) Inc. (NYSE:CTK) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 91,700 shares, a growth of 11.3% from the January 15th total of 82,400 shares. Based on an average trading volume of 48,500 shares, the short-interest ratio is presently 1.9 days. Approximately 0.2% of the shares of the stock are short sold.
Shares of NYSE CTK traded down $0.13 during mid-day trading on Friday, reaching $6.02. 8,800 shares of the company were exchanged, compared to its average volume of 60,323. CooTek has a 52 week low of $4.55 and a 52 week high of $12.30. The stock has a market capitalization of $393.09 million, a PE ratio of -602.00 and a beta of 1.34. The company’s 50 day moving average price is $5.31 and its 200 day moving average price is $5.58.
CooTek (Cayman) (NYSE:CTK) last posted its quarterly earnings results on Monday, November 18th. The company reported ($0.24) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.03. The business had revenue of $31.27 million during the quarter, compared to the consensus estimate of $30.10 million. CooTek (Cayman) had a negative net margin of 16.75% and a negative return on equity of 37.28%. Equities analysts anticipate that CooTek will post -0.67 EPS for the current year.
CooTek (Cayman) Company Profile
CooTek (Cayman) Inc operates as an AI and big data-driven mobile Internet company. Its primary product is TouchPal Smart Input, an input method for mobile devices that supports approximately 110 languages worldwide. The company was founded in 2008 and is based in Shanghai, the People's Republic of China.
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