Analysts forecast that CooTek (Cayman) Inc. (NYSE:CTK) will announce ($0.19) earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for CooTek (Cayman)’s earnings. The firm is scheduled to announce its next earnings report on Wednesday, March 4th.
On average, analysts expect that CooTek (Cayman) will report full year earnings of ($0.52) per share for the current year, with EPS estimates ranging from ($0.62) to ($0.42). For the next year, analysts forecast that the business will post earnings of $0.62 per share, with EPS estimates ranging from $0.55 to $0.68. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover CooTek (Cayman).
CooTek (Cayman) (NYSE:CTK) last issued its quarterly earnings results on Monday, November 18th. The company reported ($0.24) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.03. CooTek (Cayman) had a negative return on equity of 25.00% and a negative net margin of 4.38%. The firm had revenue of $31.27 million during the quarter, compared to analyst estimates of $30.10 million.
An institutional investor recently bought a new position in CooTek (Cayman) stock. Susquehanna International Group LLP acquired a new stake in shares of CooTek (Cayman) Inc. (NYSE:CTK) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 200,000 shares of the company’s stock, valued at approximately $1,917,000. Susquehanna International Group LLP owned about 0.31% of CooTek (Cayman) as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.99% of the company’s stock.
Shares of NYSE:CTK traded up $0.13 on Tuesday, reaching $6.15. 851 shares of the company traded hands, compared to its average volume of 35,861. CooTek has a fifty-two week low of $4.71 and a fifty-two week high of $13.30. The company’s 50 day moving average is $5.27 and its 200-day moving average is $7.34.
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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