TC Stock Declines Amid Volatile Trading and Lack of Institutional Ratings

TC (TC, Financial) experienced a significant stock price drop of 7.01%, bringing the price to $1.46 per share. With a trading volume of 8,545 shares, the turnover rate stood at 0.49%, and the price amplitude reached 4.64%.

Recent financial reports revealed that TC recorded a revenue of $4.48 million but faced a net loss of $5.64 million. Its earnings per share (EPS) were negative at $3.21, with a gross profit of $3.10 million. The price-to-earnings (P/E) ratio is notably negative at -0.21. Currently, no institutional ratings have been provided for TC, indicating a lack of buy, hold, or sell recommendations from analysts.

In the broader internet information services sector, the overall decline was 0.38%. Notably performing stocks in this sector included Vivid Seats Inc and Cheetah Mobile, which saw substantial gains, while Upexi, Inc. and Trump's media company were actively traded. High amplitude stocks included Vivid Seats Inc and Cheetah Mobile, with amplitudes of 75.11% and 23.66%, respectively.

TC operates a comprehensive automotive trading platform in China, focusing on facilitating transactions between consumers and automotive dealers through car exhibitions and special promotional events. The company provides both online and offline services to enhance dealer and consumer interactions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.