TuanChe (TC) Stock Price, News & Analysis

Company Overview

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. The company has a strategic partnership with Alibaba Group's Tmall; and Beijing Easyhome Furnishing Chain Group Co., Ltd. TuanChe Limited was founded in 2010 and is headquartered in Beijing, China.

Key Stats

• Today's Range: $0.88 to $1.06
• 50-Day Range: $0.78 to $2.15
• 52-Week Range: $0.75 to $5.40
• Volume: 617,329 shs
• Average Volume: 256,896 shs
• Market Capitalization: $1.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TuanChe Stock Analysis - MarketRank™

TuanChe scored higher than 4% 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 TuanChe.

Earnings and Valuation

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

Price to Book Value per Share Ratio

TuanChe has a P/B Ratio of 0.60. 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

7.13% of the outstanding shares of TuanChe have been sold short.

Short Interest Ratio / Days to Cover

TuanChe has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TuanChe has recently increased by 337.86%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

TuanChe does not currently pay a dividend.

Dividend Growth

TuanChe does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

7.13% of the outstanding shares of TuanChe have been sold short.

Short Interest Ratio / Days to Cover

TuanChe has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TuanChe has recently increased by 337.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: -0.59

News Sentiment

TuanChe has a news sentiment score of -0.59. 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 lower news sentiment than the 0.65 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for TuanChe this week, compared to 0 articles on an average week.

Search Interest

2 people have searched for TC on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added TuanChe to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 0.53% of the stock of TuanChe is held by insiders.

Percentage Held by Institutions

Only 8.88% of the stock of TuanChe is held by institutions.

TC Stock Analysis - Frequently Asked Questions

How have TC shares performed this year?

TuanChe's stock was trading at $3.0495 on January 1st, 2024. Since then, TC stock has decreased by 68.6% and is now trading at $0.9575.
View the best growth stocks for 2024 here.

How were TuanChe's earnings last quarter?

TuanChe Limited (NASDAQ:TC) released its quarterly earnings results on Tuesday, June, 29th. The company reported ($9.60) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($12.60) by $3.00. The firm earned $12.35 million during the quarter.

When did TuanChe's stock split?

TuanChe shares reverse split on the morning of Friday, January 26th 2024. The 1-15 reverse split was announced on Friday, January 26th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, January 26th 2024. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

When did TuanChe IPO?

TuanChe (TC) raised $26 million in an initial public offering on Wednesday, November 21st 2018. The company issued 3,000,000 shares at $7.50-$9.50 per share. Maxim Group and AMTD Tiger acted as the underwriters for the IPO.

How do I buy shares of TuanChe?

Shares of TC 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 TuanChe own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TuanChe investors own include Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), M&T Bank (MTB), AT&T (T), Tencent Music Entertainment Group (TME), Exxon Mobil (XOM) and Alibaba Group (BABA).

Company Calendar

• Last Earnings: 6/29/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:TC
• CUSIP: N/A
• CIK: 1743340
• Web: www.tuanche.com
• Phone: 861063998902
• Fax: N/A
• Employees: 620
• 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: 0.44
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $22.87 million
• Price / Sales: 0.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.60 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 1,720,000
• Free Float: 1,709,000
• Market Cap: $1.58 million
• Optionable: Not Optionable
• Beta: 0.09