With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. The 52-week range on CTKB shows that it touched its highest point at $9.33 and its lowest point at $4.66 during that stretch. It currently has a 1-year price target of $7.60. Beta for the stock currently stands at 1.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CTKB was down-trending over the past week, with a drop of -1.92%, but this was down by -11.27% over a month. Three-month performance dropped to -15.09% while six-month performance fell -3.58%. The stock lost -38.90% in the past year, while it has lost -21.11% so far this year. A look at the trailing 12-month EPS for CTKB yields -0.08 with Next year EPS estimates of 0.15. For the next quarter, that number is 0.09. This implies an EPS growth rate of -18.47% for this year and 54.25% for next year. EPS is expected to grow by 23.93% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.21%.
Float and Shares Shorts:
At present, 129.77 million CTKB shares are outstanding with a float of 116.77 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CTKB since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.12773 being high and $0.07983333 being low. For CTKB, this leads to a yearly average estimate of $0.0958. Based on analyst estimates, the high estimate for the next quarter is $0.02 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.02.
