Pintec Technology Holdings Limited (NASDAQ:PT) shares, rose in value on Wednesday, Apr 07, with the stock price up by 17.54% to the previous day’s close as strong demand from buyers drove the stock to $1.34.
Actively observing the price movement in the last trading, the stock closed the session at $1.14, falling within a range of $1.1400 and $1.5800. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $2.99, and the low was $0.75. On the whole, PT has fluctuated by 7.2% over the past month.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that PT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
A comparison of Pintec Technology Holdings Limited (PT) with its peers suggests the former has fared considerably weaker in the market. PT showed an intraday change of +17.54% in last session, and over the past year, it dropped by -2.9%. In comparison, Spotify Technology S.A. (SPOT) has moved lower at -0.78% on the day and was up +128.66% over the past 12 months. On the other hand, the price of Rocket Companies Inc Cl A (RKT) has fallen -0.31% on the day. The stock, however, is off 0% from where it was a year ago. Additionally, there is a gain of 1754% for Thomson Reuters Corp (TRI) in last trading while the stock has seen an overall depriciation of -2.9% over the past year. The PE ratio stands at 0 for Pintec Technology Holdings Limited, compared to 0 for Spotify Technology S.A., and 15.02 for Rocket Companies Inc Cl A. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.
Data on historical trading for Pintec Technology Holdings Limited (NASDAQ:PT) indicates that the trading volumes over the past 10 days have averaged 265.65 Million and over the past 3 months, they’ve averaged 1.13 Million. According to company’s latest data on outstanding shares, there are 39.69 Million shares outstanding.