Why is UTME stock on the rise Wednesday?
UTime (UTME) stock is on the rise Wednesday as investors take interest in the mobile phone company following its recent IPO. The post UTME Stock: 17 Things to Know About Low-Cost Mobile Play UTime as Sh... What In The World Is Going On With UTME Stock Today?
Where can I buy shares of UTME?
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.
How many shares did United time technology issue in its IPO?
The company issued 3,800,000 shares at $4.00 per share. Boustead Securities served as the underwriter for the IPO and Brilliant Norton Securities Company Limited and Fosun Hani Securities Limited were co-managers. What is United Time Technology's stock symbol? United Time Technology trades on the NASDAQ under the ticker symbol "UTME."
Why is the stock trading below the 50-day moving average (green)?
The stock is trading below the 50-day moving average (green), indicating sentiment in the stock is bearish. The 50-day moving average may hold as an area of resistance on the chart. The stock saw a large dropoff and is now looking to find support.
Will Utme stock go up?
During the day the stock fluctuated 21.85% from a day low at $1.19 to a day high of $1.45....Predicted Opening Price for United Time Technology Co., Ltd. of Friday, June 3, 2022.Fair opening price June 3, 2022Current price$1.35$1.41 (Overvalued)
Is Utme a good stock to buy?
UTME has a grade of F for Quality, and D for Value. The company's higher-than-industry valuation and negative return on sales justify these grades. Of the 71 stocks in the C-rated Consumer Goods industry, UTME is ranked #64. In total, we rate UTME on eight different levels.
What does Utme company do?
United Time Technology Co., Ltd., through its subsidiaries, designs, develops, manufactures, and sells mobile phones, accessories, and related consumer electronics.
What is the meaning of Utme?
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How has United Time Technology's stock performed in 2022?
United Time Technology's stock was trading at $2.67 at the start of the year. Since then, UTME shares have decreased by 45.7% and is now trading at...
Who are United Time Technology's key executives?
United Time Technology's management team includes the following people: Mr. Minfei Bao , CEO & Chairman (Age 48) Mr. Shibin Yu , Chief Financia...
Who are some of United Time Technology's key competitors?
Some companies that are related to United Time Technology include BK Technologies (BKTI) , ULS Technology (ULS) , Baylin Technologies (BYL) , A...
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 $1.45.
How much money does United Time Technology make?
United Time Technology (NASDAQ:UTME) has a market capitalization of $11.99 million.
How many employees does United Time Technology have?
United Time Technology employs 221 workers across the globe.
What In The World Is Going On With UTME Stock Today?
How much money did UTime make in 2020?
UTime Ltd (NASDAQ: UTME) shares are up over 1,000% Tuesday afternoon on heavy volume after the company announced the pricing of its initial public offering Tuesday morning of 3,750,000 shares at a price...
What is United Time Technology?
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. Financial numbers in millions CNY. Financial Statements.
Why is it easier to move a stock than a bigger float?
United Time Technology Co., Ltd., through its subsidiaries, designs, develops, manufactures, and sells mobile phones, accessories, and related consumer electronics. It also offers consumer electronics, such as power banks, Bluetooth speakers, batteries, chargers, and cell phone parts, molds, and shells; and distributes face masks. In addition, the company provides electronics manufacturing services, including original equipment manufacturer and original design manufacturer services. It sells its products under the UTime and Do brand names in So... [Read more...]
What would a bullish technical trader like to see?
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 UTime Limited?
Bullish technical traders would like to see the stock find support somewhere and make a bounce back up . Bulls would like to see the stock find a bottom and start to form higher lows and head back toward the possible resistance around $30.
Do Institutions Own United Time Technology Co., Ltd. (NASDAQ:UTME) Shares?
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.
What is UTime mainly engaged in?
Every investor in United Time Technology Co., Ltd . ( NASDAQ:UTME ) should be aware of the most powerful shareholder...
What is UTime mobile?
UTime is mainly engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics.
What is UTime stock?
UTime operates as a mobile device manufacturing company committed to providing cost-effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets.
Who is the lead underwriter of UTime?
UTime is a Chinese mobile company focused on developing and manufacturing phones, accessories, and other related products. Unlike most mobile comapnies, UTME isn’t aiming for big spenders. Instead, the company is aiming at budget customers in established and emerging markets.