Qutoutiao Stock Forecast, Price & News

Wall Street analysts have given Qutoutiao a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Qutoutiao wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Qutoutiao saw a decrease in short interest during the month of July. As of July 30th, there was short interest totaling 7,450,000 shares, a decrease of 15.5% from the July 15th total of 8,820,000 shares. Based on an average daily volume of 1,430,000 shares, the short-interest ratio is presently 5.2 days. Approximately 5.3% of the shares of the stock are sold short.
View Qutoutiao's Short Interest.

Qutoutiao is scheduled to release its next quarterly earnings announcement on Wednesday, December 15th 2021.
View our earnings forecast for Qutoutiao.

Qutoutiao Inc. (NASDAQ:QTT) posted its quarterly earnings data on Tuesday, December, 15th. The company reported ($0.49) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.12) by $0.37. The company had revenue of $163.32 million for the quarter.
View Qutoutiao's earnings history.

Qutoutiao's stock was trading at $4.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, QTT stock has decreased by 76.4% and is now trading at $1.14.
View which stocks have been most impacted by COVID-19.

Qutoutiao issued an update on its third quarter 2021 earnings guidance on Tuesday, September, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $162.62 million-$170.37 million.

Some companies that are related to Qutoutiao include Model N (MODN), Yalla Group (YALA), DouYu International (DOYU), CEVA (CEVA), Outbrain (OB), HealthStream (HSTM), Viant Technology (DSP), GAN (GAN), Sify Technologies (SIFY), EverQuote (EVER), TrueCar (TRUE), KLDiscovery (KLDI), Aurora Mobile (JG), East Stone Acquisition (ESSC) and Lizhi (LIZI).
View all of QTT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Qutoutiao investors own include ADMA Biologics (ADMA), Matinas BioPharma (MTNB), Bionano Genomics (BNGO), Gran Tierra Energy (GTE), Aeterna Zentaris (AEZS), DHT (DHT), EnLink Midstream (ENLC), OrganiGram (OGI), SCYNEXIS (SCYX) and Tilly's (TLYS).

(QTT) raised $128 million in an initial public offering on Friday, September 14th 2018. The company issued 16,000,000 shares at $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.

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

Qutoutiao's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Credit Suisse AG (1.26%), Caas Capital Management LP (0.00%), Group One Trading L.P. (0.00%), State Street Corp (0.28%), Susquehanna International Group LLP (0.00%) and Penserra Capital Management LLC (0.08%).

QTT stock was sold by a variety of institutional investors in the last quarter, including Caas Capital Management LP, Group One Trading L.P., Susquehanna International Group LLP, Cutler Group LP, Citadel Advisors LLC, Penserra Capital Management LLC, Invesco Ltd., and Jefferies Group LLC.

QTT stock was acquired by a variety of institutional investors in the last quarter, including Credit Suisse AG, State Street Corp, Simplex Trading LLC, XTX Topco Ltd, Morgan Stanley, Morgan Stanley, Northern Trust Corp, and UBS Asset Management Americas Inc..

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

One share of QTT stock can currently be purchased for approximately $1.14.

Qutoutiao has a market capitalization of $345.42 million and generates $765.96 million in revenue each year.

Qutoutiao employs 1,704 workers across the globe.

The official website for Qutoutiao is www.qutoutiao.net.

Qutoutiao is headquartered at 11/F BLDG 3 XINGCHUANG TECHNOLOGY PLZ 5005 NONG SHENJIANG RD PUDONG NEW AREA, SHANGHAI F4, 200120.

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 862168583790.