Token Cat (NASDAQ:TC) Announces Quarterly Earnings Results

Token Cat (NASDAQ:TC) issued its quarterly earnings data on Thursday. The company reported ($0.71) earnings per share (EPS) for the quarter, reports. The business had revenue of $1.43 million during the quarter.

Token Cat Trading Up 6.1%

NASDAQ:TC opened at $1.39 on Friday. Token Cat has a 1 year low of $1.20 and a 1 year high of $19.99. The firm has a 50 day moving average of $1.88 and a 200-day moving average of $5.34.

Analysts Set New Price Targets

TC has been the topic of several analyst reports. Wall Street Zen lowered shares of Token Cat from a “hold” rating to a “sell” rating in a report on Saturday, September 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Token Cat in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Token Cat Company Profile

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China and internationally. It organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction. The company also offers business and technical support, and consulting services; online marketing services through various online platforms, including tuanche.com website, WeChat account, WeChat mini-program, mobile applications, and Cheshangtong, a SaaS product; and referral services for commercial bank to enhance its auto loan business.