Hong Kong-based digital-art trading platform Takung Art (TKAT) had been an underperformer for several years but is now flying high based on speculation that it might enter the NFT space to grow its business. Though the stock took a breather yesterday and fell more than 30% intraday, TKAT is still up a massive 2,384% year-to-date.
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Who buys tkat stock?
TKAT stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Two Sigma Investments LP, Cetera Advisor Networks LLC, Jane Street Group LLC, and Advisor Group Holdings Inc.. View insider buying and selling activity for Takung Art or or view top insider-buying stocks.
Will Takung art (tkat) stock rise on December 7?
On December 7, Louis Navellier, Eric Fry & Luke Lango will reveal the major events that will rock the markets in 2022. Will your money be safe? Sign up here and find out. Takung Art Co. (NYSEAMERICAN: TKAT) stock is on the rise Thursday despite a lack of news from the company.
Is tkat stock a play on the NFT space?
However, the focus has recently shifted among many investors in TKAT stock toward the blockchain. A number of reports have circulated prompting speculation that TKAT stock could be a play on the non-fungible token (NFT) space.
What does tkat stand for?
HONG KONG, CHINA , July 13, 2021 (GLOBE NEWSWIRE) -- Takung Art Co., Ltd (NYSE American: TKAT) (“Takung” “TKAT” or the “Company”), an operator of three online fine art and collectibles platforms, today announced the closing of its previously announced private placement of 571,429 shares of Common Stock at a purchase price of $8.75 per share.
Is TKAT a good investment?
The price/operating cash flow metric for Takung Art Co Ltd is higher than only 3.13% of stocks in our set with a positive cash flow. Over the past twelve months, TKAT has reported earnings growth of 510.81%, putting it ahead of 95.79% of US stocks in our set.
Is Takung art a buy?
The Takung Art Company. Ltd stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Is TKAT a Chinese stock?
Takung Art Co., Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People's Republic of China.
What does Takung Art Co Ltd do?
Takung Art Co., Ltd, through its subsidiaries, operates an electronic online platform for artists, art dealers and art investors to offer and trade in ownership units over valuable artwork.
Is TKAT a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
How can I invest in NFT?
To buy an NFT, you'll need a digital wallet. In that wallet, you must have cryptocurrency, as this is the only way to buy an NFT. You then need to choose a marketplace to buy from. There are many around - just make sure they're verified so that you don't buy a fake NFT.
What is NAKD stock?
Key Turning Points52-Week High51.00Fibonacci 50%26.80Fibonacci 38.2%21.09Last Price2.6152-Week Low2.601 more row•Jan 13, 2022
Are investors shorting Takung Art?
Takung Art saw a decline in short interest in May. As of May 15th, there was short interest totaling 621,400 shares, a decline of 15.5% from the Ap...
Who are Takung Art's key executives?
Takung Art's management team includes the following people: Mr. Kwok Leung Li , Chief Exec. Officer (Age 35, Pay $123.55k) Mr. Kuangtao Wang ,...
Who are some of Takung Art's key competitors?
Some companies that are related to Takung Art include High Tide (HITI) , Kirkland's (KIRK) , Missfresh (MF) , Boqii (BQ) , Secoo (SECO) , Nov...
What other stocks do shareholders of Takung Art own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Takung Art investors own include Comstock Holding Companie...
What is Takung Art's stock symbol?
Takung Art trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TKAT."
Who are Takung Art's major shareholders?
Takung Art's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.15%),...
Which institutional investors are buying Takung Art stock?
TKAT stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Jane Street Group LLC, and Cutl...
How do I buy shares of Takung Art?
Shares of TKAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is Takung Art's stock price today?
One share of TKAT stock can currently be purchased for approximately $1.83.
What Are Non-Fungible Tokens?
The rise of non-fungible tokens (NFTs) as the latest crypto craze has sparked interest among collectors.
Why TKAT Stock Is an Interesting Speculative Play
Momentum in the NFT market is insane right now. This is reflected in the 170% increase in TKAT stock investors are seeing today.
NFT Stocks List 2022: 10 Names to Know to Play the Non-Fungible Tokens Boom
NFT stocks continue to be a hot topic among investors looking to jump into the non-fungible token trend and we’re helping with a list for 2022! Source: Shutterstock There are various companies with their fingers in the NFT space for traders to invest in. That includes those that operate marketplaces, sell NFT collections, and more.
Takung Art Co., Ltd Announces Management Update
HONG KONG, CHINA, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Takung Art Co., Ltd (NYSE American: TKAT) (“Takung” “TKAT” or the “Company”), an operator of three online fine art and collectibles platforms, today announced the appointment of Mr.
Chinese Penny Stocks: What Is Going on With CPOP, TKAT, NEW Stocks Today?
Investors digging through a plethora of penny stocks certainly have quite a few intriguing options to choose from. Among the small-cap stocks gaining attention today are a range of U.S.-listed Chinese equities.