Qutoutiao Stock Price, News & Analysis (NASDAQ:QTT)

$3.77
-0.06 (-1.57 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$3.72
Now: $3.77
$3.91
50-Day Range
$3.62
MA: $4.20
$4.94
52-Week Range
$3.47
Now: $3.77
$18.00
Volume2.25 million shs
Average Volume2.38 million shs
Market Capitalization$1.07 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Qutoutiao Inc. operates mobile platforms for the distribution, consumption, and sharing of light entertainment content in the People's Republic of China. The company operates Qutoutiao, a mobile application that aggregates articles and short videos from professional media and freelancers and presents customized feeds to users; and Quduopai, a mobile application that allows users to create, upload, and view videos. It also provides Midu Novels, a mobile literature application that offers users free literature supported by advertising. The company was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc. in July 2018. Qutoutiao Inc. was founded in 2016 and is headquartered in Shanghai, China.

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:QTT
CUSIPN/A
CIKN/A
Phone86-21-6858-3790

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$43.70 million
Book Value$0.78 per share

Profitability

Net Income$-282,540,000.00

Miscellaneous

Employees1,302
Market Cap$1.07 billion
Next Earnings Date11/11/2019 (Estimated)
OptionableOptionable

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Qutoutiao (NASDAQ:QTT) Frequently Asked Questions

What is Qutoutiao's stock symbol?

Qutoutiao trades on the NASDAQ under the ticker symbol "QTT."

When is Qutoutiao's next earnings date?

Qutoutiao is scheduled to release their next quarterly earnings announcement on Monday, November 11th 2019. View Earnings Estimates for Qutoutiao.

What price target have analysts set for QTT?

4 analysts have issued 12 month target prices for Qutoutiao's stock. Their forecasts range from $10.00 to $14.00. On average, they expect Qutoutiao's stock price to reach $12.25 in the next twelve months. This suggests a possible upside of 224.9% from the stock's current price. View Analyst Price Targets for Qutoutiao.

What is the consensus analysts' recommendation for Qutoutiao?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qutoutiao in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qutoutiao.

Has Qutoutiao been receiving favorable news coverage?

Media headlines about QTT stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Qutoutiao earned a news impact score of -1.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Qutoutiao.

Are investors shorting Qutoutiao?

Qutoutiao saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 16,159,000 shares, an increase of 8.4% from the July 31st total of 14,913,700 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is currently 8.0 days. Approximately 14.8% of the company's shares are short sold. View Qutoutiao's Current Options Chain.

Who are some of Qutoutiao's key competitors?

What other stocks do shareholders of Qutoutiao own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Qutoutiao investors own include Micron Technology (MU), Alibaba Group (BABA), Tesla (TSLA), Visa (V), Align Technology (ALGN), Advanced Micro Devices (AMD), Baidu (BIDU), NVIDIA (NVDA), Paypal (PYPL) and Splunk (SPLK).

Who are Qutoutiao's key executives?

Qutoutiao's management team includes the folowing people:
  • Mr. Siliang Tan, Co-Founder & Exec. Chairman (Age 39)
  • Mr. Lei Li, Co-Founder, CEO & Exec. Director (Age 35)
  • Mr. Jianfei Dong, Co-Pres & Exec. Director (Age 37)
  • Mr. Guanqiang Feng, Co-Pres (Age 30)
  • Mr. Zhiliang Wang, Co-Founder & CTO (Age 35)

When did Qutoutiao IPO?

(QTT) raised $128 million in an IPO on Friday, September 14th 2018. The company issued 16,000,000 shares at a price of $7.00-$9.00 per share. Citigroup and Deutsche Bank Securities served as the underwriters for the IPO and China Merchants Securities (HK), UBS Investment Ban and KeyBanc Capital Markets were co-managers.

Who are Qutoutiao's major shareholders?

Qutoutiao's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (0.77%), Krane Funds Advisors LLC (0.45%), Fosun International Ltd (0.26%), BlackRock Inc. (0.20%), Matthews International Capital Management LLC (0.16%) and D. E. Shaw & Co. Inc. (0.12%).

Which institutional investors are buying Qutoutiao stock?

QTT stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Krane Funds Advisors LLC, Fosun International Ltd, BlackRock Inc., Matthews International Capital Management LLC, D. E. Shaw & Co. Inc., Voloridge Investment Management LLC and Northern Trust Corp.

How do I buy shares of Qutoutiao?

Shares of QTT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Qutoutiao's stock price today?

One share of QTT stock can currently be purchased for approximately $3.77.

How big of a company is Qutoutiao?

Qutoutiao has a market capitalization of $1.07 billion and generates $43.70 million in revenue each year. The company earns $-282,540,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis. Qutoutiao employs 1,302 workers across the globe.View Additional Information About Qutoutiao.

What is Qutoutiao's official website?

The official website for Qutoutiao is http://www.qutoutiao.net/.

How can I contact Qutoutiao?

Qutoutiao's mailing address is 11/F BLDG 3 XINGCHUANG TECHNOLOGY PLZ 5005 NONG SHENJIANG RD PUDONG NEW AREA, SHANGHAI F4, 200120. The company can be reached via phone at 86-21-6858-3790.


MarketBeat Community Rating for Qutoutiao (NASDAQ QTT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  151 (Thanks for Voting!)
Underperform Votes:  163 (Thanks for Voting!)
Total Votes:  314
MarketBeat's community ratings are surveys of what our community members think about Qutoutiao and other stocks. Vote "Outperform" if you believe QTT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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