Utime Limited Stock Today
| WTO Stock | 0.31 0.01 3.13% |
Performance0 of 100
| Odds Of DistressOver 53
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UTime is selling at 0.31 as of the 13th of May 2024; that is -3.13% down since the beginning of the trading day. The stock's open price was 0.32. UTime has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. UTime symbol was changed from UTME on 5th of September 2023. Equity ratings for UTime Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of April 2024 and ending today, the 13th of May 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 6th of April 2021 | Category Technology | Classification Consumer Discretionary |
UTime is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 392.11 M outstanding shares of which 3.35 K shares are at this time shorted by investors with about 0.11 days to cover. More on UTime Limited
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UTime Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. UTime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding UTime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Older Symbol | UTME | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Chairman CEO | Hengcong Qiu | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Electronics, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Computers, Electronics, Electrical Equipment, Consumer Discretionary, Household Durables, Consumer Electronics, Technology, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from UTime's historical financial statements, UTime Limited is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of UTime Limited is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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UTime's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to UTime's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand UTime's financial leverage. It provides some insight into what part of UTime's total assets is financed by creditors.
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UTime Limited (WTO) is traded on NASDAQ Exchange in USA. It is located in Shenzhen Software Industry Base, Shenzhen, China, 518061 and employs 262 people. UTime Limited was previously known as Utime and was traded on NASDAQ Exchange under the symbol UTME. UTime is listed under Consumer Electronics category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 106.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate UTime's market, we take the total number of its shares issued and multiply it by UTime's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. UTime Limited runs under Household Durables sector within Consumer Discretionary industry. The entity has 392.11 M outstanding shares of which 3.35 K shares are at this time shorted by investors with about 0.11 days to cover.
UTime generates negative cash flow from operations
Check UTime Probability Of Bankruptcy
Ownership AllocationUTime Limited shows a total of 392.11 Million outstanding shares. About 99.0 % of UTime outstanding shares are held by general public with 1.152 (%) owned by insiders and only 0.03 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check UTime Ownership Details
UTime Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of UTime jumping above the current price in 90 days from now is roughly 2.57%. The UTime Limited probability density function shows the probability of UTime stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.217. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, UTime will likely underperform. Additionally, uTime Limited has an alpha of 0.9075, implying that it can generate a 0.91 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of UTime to move above the current price in 90 days from now is roughly 2.57 (This UTime Limited probability density function shows the probability of UTime Stock to fall within a particular range of prices over 90 days) .
UTime Historical Income Statement
UTime Limited Income Statement is one of the three primary financial statements used for reporting UTime's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of UTime Limited revenue and expense. UTime Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, UTime's Selling General Administrative is very stable compared to the past year. As of the 13th of May 2024, Total Revenue is likely to grow to about 251.9 M, though Tax Provision is likely to grow to (146.2 K). View More FundamentalsUTime Stock Against Markets
Picking the right benchmark for UTime stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in UTime stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for UTime is critical whether you are bullish or bearish towards UTime Limited at a given time. Please also check how UTime's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in UTime without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy UTime Stock?
Before investing in UTime, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in UTime. To buy UTime stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of UTime. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase UTime stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located UTime Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased UTime Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as UTime Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy UTime Stock please use our How to Invest in UTime guide.
Already Invested in UTime Limited?
The danger of trading UTime Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of UTime is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than UTime. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile UTime Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether UTime Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UTime's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Utime Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Utime Limited Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for UTime Stock analysis
When running UTime's price analysis, check to measure UTime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UTime is operating at the current time. Most of UTime's value examination focuses on studying past and present price action to predict the probability of UTime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UTime's price. Additionally, you may evaluate how the addition of UTime to your portfolios can decrease your overall portfolio volatility.
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Is UTime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UTime. If investors know UTime will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UTime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 11.295 | Quarterly Revenue Growth (0.34) | Return On Assets (0.17) | Return On Equity (2.15) |
The market value of UTime Limited is measured differently than its book value, which is the value of UTime that is recorded on the company's balance sheet. Investors also form their own opinion of UTime's value that differs from its market value or its book value, called intrinsic value, which is UTime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UTime's market value can be influenced by many factors that don't directly affect UTime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UTime's value and its price as these two are different measures arrived at by different means. Investors typically determine if UTime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UTime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.