UTime began trading just after 11 a.m. ET has been halted eight times at the time of publication due to the heavy influx of buying pressure.
Full Answer
Why is utime stock on the rise Wednesday?
· UTime LTD. (NASDAQ: UTME) shares traded higher Friday as retail traders tried to catch the bounce following the stock's plummet Thursday. The stock saw a drop from $75 to $14 Thursday, and now ...
What do investors need to know about UTME stock?
· United Time Technology saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 246,100 shares, an increase of 183.9% from the March 15th total of 86,700 shares. Based on an average daily volume of 354,000 shares, the days-to-cover ratio is presently 0.7 days.
How much did utime (UTME) make from its IPO?
· (NASDAQ:UTME) shares traded higher Friday as retail traders tried to catch the bounce following the stock's plummet Thursday. The stock saw a drop from $75 to $14 Thursday, and now traders are trying to catch the rebound. The stock has a small amount of outstanding shares, meaning that it is easier for the stock to move than those with bigger floats.
What is the utime company?
Find the latest United Time Technology Co., Ltd. (UTME) stock quote, history, news and other vital information to help you with your stock trading and investing.
Is Utme stock a good buy?
The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $1.55 will give a strong sell signal and a trend shift may be expected.
What does UTime Ltd do?
UTime Ltd. engages in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics.
What kind of company is Utme?
United Time Technology Co., Ltd., through its subsidiaries, designs, develops, manufactures, and sells mobile phones, accessories, and related consumer electronics.
Are investors shorting United Time Technology?
United Time Technology saw a drop in short interest in February. As of February 28th, there was short interest totaling 52,400 shares, a drop of 19...
Who are United Time Technology's key executives?
United Time Technology's management team includes the following people: Bao Minfei , Chief Exec. Officer
Who are some of United Time Technology's key competitors?
Some companies that are related to United Time Technology include Information Analysis (IAIC) , Nanoco Group (NANO) , CML Microsystems (CML) ,...
When did United Time Technology IPO?
(UTME) raised $15 million in an initial public offering on Tuesday, April 6th 2021. The company issued 3,800,000 shares at $4.00 per share. Boustea...
What is United Time Technology's stock symbol?
United Time Technology trades on the NASDAQ under the ticker symbol "UTME."
How do I buy shares of United Time Technology?
Shares of UTME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is United Time Technology's stock price today?
One share of UTME stock can currently be purchased for approximately $1.75.
How much money does United Time Technology make?
United Time Technology has a market capitalization of $14.47 million.
How many employees does United Time Technology have?
United Time Technology employs 2,021 workers across the globe.
About UTME
UTime is committed to providing cost-effective mobile devices to consumers globally and to helping low-income individuals from established markets, including the United States, and emerging markets, including India and countries in South Asia and Africa, have better access to updated mobile technology.
Financial Performance
In 2020, UTime's revenue was 246.90 million, an increase of 27.87% compared to the previous year's 193.09 million. Losses were -16.63 million, -23.38% less than in 2019.
News
UTime LTD. (NASDAQ:UTME) shares traded higher Friday as retail traders tried to catch the bounce following the stock's plummet Thursday. The stock saw a drop from $75 to $14 Thursday, and now traders ar...
What stocks does MarketBeat like better than United Time Technology?
Wall Street analysts have given United Time Technology a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but United Time Technology wasn't one of them.
Who are some of United Time Technology's key competitors?
Some companies that are related to United Time Technology include The9 (NCTY), Access Intelligence (ACC), mdf commerce (MDF), VIA optronics (VIAO), SDI Group (SDI), Mastech Digital (MHH), RM (RM), Instem (INS), Reliq Health Technologies (RHT), Spok (SPOK), Zedge (ZDGE), Lantronix (LTRX), essensys (ESYS), Goldmoney (XAU) and Quantum Computing (QUBT).#N#View all of UTME's competitors..
What is United Time Technology's stock symbol?
United Time Technology trades on the NASDAQ under the ticker symbol "UTME."
When does United Time Technology's lock-up period expire?
United Time Technology's lock-up period expires on Monday, October 4th. United Time Technology had issued 3,750,000 shares in its IPO on April 6th. The total size of the offering was $15,000,000 based on an initial share price of $4.00.
How do I buy shares of United Time Technology?
Shares of UTME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.#N#Compare Top Brokerages Here.
What is United Time Technology's stock price today?
One share of UTME stock can currently be purchased for approximately $6.04.
What is United Time Technology's official website?
The official website for United Time Technology is www.utimemobile.com.
UTime Daily Chart Analysis
Shares saw a large drop on Thursday pushing the stock well below support. The stock started to make a small rebound Friday.
Key UTime Levels To Watch
The stock saw a large dropoff and is now looking to find support. As the stock is in a freefall, it may be difficult for traders to tell exactly where it may go.
Do Institutions Own United Time Technology Co., Ltd. (NASDAQ:UTME) Shares?
Every investor in United Time Technology Co., Ltd. ( NASDAQ:UTME ) should be aware of the most powerful shareholder...
UTime Limited Announces Pricing of Initial Public Offering
UTime Limited ("UTime" or the "Company") (Nasdaq: UTME), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally, today announced the pricing of its initial public offering of 3,750,000 shares of its ordinary shares at a price of US$4.00 per share to the public for a total of US$15 million of gross proceeds to UTime..