Equities research analysts expect CooTek (Cayman) Inc. (NYSE:CTK) to announce ($0.19) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for CooTek (Cayman)’s earnings. The company is expected to report its next quarterly earnings results on Wednesday, March 4th.
According to Zacks, analysts expect that CooTek (Cayman) will report full year earnings of ($0.52) per share for the current financial year, with EPS estimates ranging from ($0.62) to ($0.42). For the next financial year, analysts forecast that the business will report earnings of $0.62 per share, with EPS estimates ranging from $0.55 to $0.68. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow CooTek (Cayman).
CooTek (Cayman) (NYSE:CTK) last announced its earnings results on Monday, November 18th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.27) by $0.03. CooTek (Cayman) had a negative net margin of 4.38% and a negative return on equity of 25.00%. The firm had revenue of $31.27 million for the quarter, compared to analyst estimates of $30.10 million.
Shares of NYSE:CTK traded up $0.13 on Tuesday, reaching $6.15. 851 shares of the company’s stock were exchanged, compared to its average volume of 35,861. The company has a fifty day moving average of $5.27 and a 200-day moving average of $7.34. CooTek has a twelve month low of $4.71 and a twelve month high of $13.30.
An institutional investor recently bought a new position in CooTek (Cayman) stock. Susquehanna International Group LLP acquired a new stake in CooTek (Cayman) Inc. (NYSE:CTK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. 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) at the end of the most recent reporting period. 0.99% of the stock is currently owned by institutional investors and hedge funds.
About CooTek (Cayman)
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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