Token Cat (TC) to Post Earnings on Thursday

Token Cat (NASDAQ:TC) is projected to post its resultson Thursday, September 24th. Analysts expect the company to announce earnings of ($41.9505) per share and revenue of $18.8570 million for the quarter.

Token Cat Stock Down 3.6%

Shares of Token Cat stock opened at $1.85 on Wednesday. The firm’s 50-day moving average price is $2.01 and its two-hundred day moving average price is $6.41. Token Cat has a 1-year low of $1.49 and a 1-year high of $19.99.

Wall Street Analyst Weigh In

TC has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of Token Cat in a research report on Friday, July 17th. Wall Street Zen downgraded Token Cat from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About Token Cat

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China and internationally. It organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction. The company also offers business and technical support, and consulting services; online marketing services through various online platforms, including tuanche.com website, WeChat account, WeChat mini-program, mobile applications, and Cheshangtong, a SaaS product; and referral services for commercial bank to enhance its auto loan business.