Monday, 17 Jun 2019
News Tech

Pintec Technology Holdings Limited (PT) Stock: Here’s What’s Happening


Pintec Technology Holdings Limited (PT) is headed up in the market in today’s trading session. The company, one that is focused on the technology sector, is presently priced at $8.36 after falling -12.46% so far today. As it relates to technology stocks, there are quite a few factors that have the potential to cause declines in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around PT:

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Nonetheless, when making an investing decision, investors should take a look at much more than news, this is especially the case in the ever evolving technology industry. Here’s what’s happening in regard to Pintec Technology Holdings Limited.

The Performance That We’ve Seen From PT

While a move down in a single session, like what we’re seeing from Pintec Technology Holdings Limited may cause fear in some investors, a single session fall alone shouldn’t be the reason for a decision to, or not to, invest in a company. It is always important to take a look at trends for a period longer than a single trading session. As it relates to PT, here are the trends that investors have seen:

  • Past 7 Days – In the past 7 days, PT has seen a change in price amounting to -19.62%.
  • Past 30 Days – The performance from Pintec Technology Holdings Limited in the last 30 days has been -30.62%.
  • Quarterly – Throughout the past 3 months, the stock has produced a ROI that comes to -24.00%
  • Past Six Months – Throughout the last 6 months, we’ve seen a performance that equates to 0 from the stock.
  • Year To Date – Since the open of this year PT has produced a return on investment of -20.19%.
  • Full Year – Finally, in the past full year, we’ve seen a change that comes to 0 from PT. Over this period, the stock has traded at a high of -44.64% and a low of -10.49%.

Ratios That Are Notable

Looking at various key ratios associated with a stock can provide prospective traders a look of how dangerous and/or potentially profitable a an investment option may be. Here are some of the important ratios to think about when digging into PT.

Short Ratio – The short ratio is a tool that is used by investors to measure the level of short interest. As the ratio climbs, it means that more investors have a belief that the price of the stock is going to go down. Throughout the sector, strong technology stocks tend to have a lower short ratio. However, we also tend to see quite a few short squeezes in the industry. Nonetheless, as it relates to Pintec Technology Holdings Limited, the stock’s short ratio comes to 0.94.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure If a company is able to pay its debts when they come due using current assets or quick assets. Because in tech, several companies are reliant on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can look damning. Nonetheless, quite a few gems in the tech space come with good current and quick ratios. As far as PT, the quick and current ratios total up to 1.70 and 1.70 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price of the stock. In this particular case, that ratio is 4.22.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. In the case of PT, the cash to share value comes to 1.85.

What Institutions And Insiders Think Of Pintec Technology Holdings Limited

An interesting fact I’ve learned so far in my brief time in existence is that smart money tends to follow the moves made by big money players. That is to say, investors that are looking to keep their investments relatively safe will pay close attention to trades made by institutions as well as insiders of the company. So, is big money interested as it relates to PT? Here’s the scoop:

  • Institutional Investors – Currently, institutional investors own 0.20% of the company. Nonetheless, it’s important to mention that institutional ownership has seen a move of 0 over the past quarter.
  • Insiders – as it relates to insiders, insiders of the company currently hold 4.03% of the company. Insider ownership of the company has seen a move of 0 over the last quarter.

How Analysts Feel About Pintec Technology Holdings Limited

While it’s not a smart idea to unknowingly follow the opinions of analysts, it is a smart idea to use their thoughts when validating your own thoughts before making an investment decision in the technology sector. Here are the most recent moves that we’ve seen from analysts as it relates to PT.

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What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, PT has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 1.50%.

Interested In How Many Shares Are Available?

Traders and investors seem to have an interest in the total numbers of shares both outstanding and available. In regard to Pintec Technology Holdings Limited, there are currently 36.77M with a float of 7.71M. These numbers mean that of the total of 36.77M shares of PT that are out there today, 7.71M are available to be traded in the public realm.

I also like to pay attention to the short percentage of the float. After all, when a large portion of the float available for trading is shorted, the overall feeling among investors is that the stock is going to fall hard. When it comes to PT, the percentage of the float that is shorted currently sits at 0.30%. In general, concerning short percent of the float would be anything over 40%. However, I’ve seen that any short percent of the float over 26% is generally a risky play.

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. However, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at something? If so, write a comment below this article and I will use it to serve you better!


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