Luokung Technology (LKCO) Stock Price, News & Analysis

Company Overview

Luokung Technology Corp., together with its subsidiaries, engages in the provision of location-based services and mobile application products for long distance rail travelers in the People's Republic of China. It offers Luokuang mobile application, which provides business to customer (B2C) location-based services; and SuperEngine that offers business to business (B2B) and business to government (B2G) services in connection with spatial-temporal big data processing. The company also provides Luokung software development kits and application-programming interfaces, which provide spatial-temporal big data analysis and customized map to software and mobile application developers; and spatial temporal indexing cloud service, a data-level virtualization technology. In addition, it offers information SuperEngine that includes the server engine, which enables to store, manage, and index the spatial temporal big data on the server side; and Web graphics image engine that supports transmission of graphics images, as well as display and edge computing for multi-terminal and cross-platform. Further, the company provides spatial temporal cloud platform, which offers cloud services, including data storage, data resource, and platform support services, as well as supports users to aggregate multi-source spatial data, map services, and Internet of Things streaming data; HD Map, an infrastructural component in smart transportation, autonomous driving, and smart cities; and autonomous driving enabling services. Luokung Technology Corp. was incorporated in 2009 and is headquartered in Beijing, China.

Key Stats

• Today's Range: $1.92 to $2.20
• 50-Day Range: $1.88 to $5.95
• 52-Week Range: $1.75 to $8.00
• Volume: 43,480 shs
• Average Volume: 20,931 shs
• Market Capitalization: $3.56 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Luokung Technology Stock Analysis - MarketRank™

Luokung Technology scored higher than 8% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Luokung Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Luokung Technology has a P/B Ratio of 0.03. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.87% of the float of Luokung Technology has been sold short.

Short Interest Ratio / Days to Cover

Luokung Technology has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Luokung Technology has recently increased by 229.55%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Luokung Technology does not currently pay a dividend.

Dividend Growth

Luokung Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.87% of the float of Luokung Technology has been sold short.

Short Interest Ratio / Days to Cover

Luokung Technology has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Luokung Technology has recently increased by 229.55%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Luokung Technology has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Luokung Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.70% of the stock of Luokung Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.62% of the stock of Luokung Technology is held by institutions.

LKCO Stock Analysis - Frequently Asked Questions

How have LKCO shares performed this year?

Luokung Technology's stock was trading at $3.9464 at the beginning of the year. Since then, LKCO stock has decreased by 46.0% and is now trading at $2.13.
View the best growth stocks for 2024 here.

When did Luokung Technology's stock split?

Luokung Technology shares reverse split on Tuesday, September 17th 2024. The 1-8 reverse split was announced on Thursday, September 12th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 16th 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

How do I buy shares of Luokung Technology?

Shares of LKCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Luokung Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Luokung Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), General Electric (GE), Palantir Technologies (PLTR), Adobe (ADBE) and Advanced Micro Devices (AMD).

Company Calendar

• Today: 10/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Software - Application
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:LKCO
• CUSIP: N/A
• CIK: 1487839
• Web: www.luokung.com
• Phone: 861065065217
• Fax: 86-29-8823-1590
• Employees: 727
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $36.98 million
• Price / Sales: 0.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $74.33 per share
• Price / Book: 0.03

Miscellaneous

• Outstanding Shares: 1,670,000
• Free Float: 1,934,000
• Market Cap: $3.56 million
• Optionable: Not Optionable
• Beta: 0.74