At the last check on Friday, UTime Limited’s (NASDAQ:UTME) stock was up $0.07, moving up 13.96 percent to $0.58. The average number of shares traded per day over the past five days has been 2,909,809 shares. 1 time new highs have been achieved over the past 5 days, with a $0.0985 gain in that time frame. In the last twenty days, the average volume was 3,101,402, while in the previous 50 days, it was 1,741,839.
Since last month, UTME stock retreated -73.30%. Shares of the company fell to $0.4180 on 07/20/23, the lowest level in the past month. A 52-week high of $3.40 was reached on 06/15/23 after having rallying from a 52-week low of $0.42. Since the beginning of this year, UTME’s stock price has dropped by -35.39% or -$0.3130, and marked a new high 14 times. However, the stock has declined by -83.04% since its 52-week high.
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Valuation Metrics
The stock’s beta is 0.26. Besides these, the trailing price-to-sales (P/S) ratio of 0.11, the price-to-book (PB) ratio of 0.62.
Financial Health
In the recent quarter, UTime Limited’s quick ratio stood at 0.90, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.13, and the total debt-to-equity ratio was 0.96. On the profitability front, the trailing twelve-month gross margin is 6.00% percent.
Technical Picture
This quick technical analysis looks at UTime Limited’s (UTME) price momentum. With a historical volatility rate of 158.13%, the RSI 9-day stood at 34.88% on 03 August.
With respect to its five-day moving average, the current UTime Limited price is up by +20.48% percent or $0.0985. At present, UTME shares trade -71.73% below its 20-day simple moving average and -33.39% percent below its 100-day simple moving average. However, the stock is currently trading approximately -42.05% below its SMA50 and -69.18% below its SMA200.
Stochastic coefficient K was 13.50% and Stochastic coefficient D was 8.00%, while ATR was 0.2031. Given the Stochastic reading of 31.54% for the 14-day period, the RSI (14) reading has been calculated as 34.74%. As of today, the MACD Oscillator reading stands at 0.0121, while the 14-day reading stands at 0.0110.
Analyst Ratings
UTime Limited (UTME) has been rated – by analysts. According to 0 brokerage firms, UTME is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate UTime Limited stock as buy, with 0 recommending it as overweight.
