NYSE:TCTuanche Stock Price, Forecast & News

Tuanche's stock was trading at $1.59 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TC stock has decreased by 3.8% and is now trading at $1.5299. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tuanche in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tuanche.

Tuanche is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for Tuanche.

Tuanche (NYSE:TC) announced its earnings results on Thursday, July, 2nd. The company reported ($0.68) earnings per share for the quarter, topping analysts' consensus estimates of ($0.85) by $0.17. The business earned $1.37 million during the quarter. View Tuanche's earnings history.

Tuanche issued an update on its second quarter 2020 Pre-Market earnings guidance on Thursday, July, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.638-7.344 million, compared to the consensus revenue estimate of $20.31 million.

1 brokers have issued twelve-month target prices for Tuanche's shares. Their forecasts range from $3.00 to $3.00. On average, they expect Tuanche's share price to reach $3.00 in the next year. This suggests a possible upside of 96.1% from the stock's current price. View analysts' price targets for Tuanche.

Media stories about TC stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Tuanche earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Tuanche.

Some companies that are related to Tuanche include Gocompare.Com Group (GOCO), Redbubble (RBL), Frontier Digital (FDV), Points International (PTS), RMA Global (RMY), Rhythmone (RTHM), iCar Asia (ICQ), Leaf Group (LEAF), HolidayCheck Group (HOC), Hostelworld Group (HSW), Tinybeans Group (TNY), Glacier Media (GVC), Adslot (ADJ), Xref Ltd Fully Paid Ord. Shrs (XF1) and TSE Technischer Service und Equipment - Hasenschwandtner Peter (AT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tuanche investors own include AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival (CCL) and Canadian Imperial Bank of Commerce (CM).

(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.

Tuanche trades on the New York Stock Exchange (NYSE) under the ticker symbol "TC."

Shares of TC 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.

One share of TC stock can currently be purchased for approximately $1.53.

Tuanche has a market capitalization of $120.52 million.

The official website for Tuanche is www.tuanche.com.

The company can be reached via phone at 86 10 6399 8902.