Stock Watch: Tuscan Corp. (NASDAQ: THCB)

Tuscan Corp. is part of the conglomerates industry and trades as part of the industrials sector. The company CEO is Stephen Vogel.

Previous Intraday Performance:

The THCB shares had a previous change of 0.10% which opened at 9.85 and closed at 9.80. It moved to an intraday high of 9.80 and a low of 9.80.

SeekingAlpha:  This Cycle’s Most Dangerous Bubble, In 3 Charts

Historical Performance:

Over the last five trading days, THCB shares returned 0.00% and in the past 30 trading days it returned 0.10%. Over three months, it changed 0.31%. In one year it has changed 0.31% and within that year its

52 week high was 11.72 and its 52 week low was 9.71. THCB stock is 0.93% above its 52 week low.

Our calculations result in a 50 day moving average of 9.80.

SeekingAlpha:  This Cycle’s Most Dangerous Bubble, In 3 Charts

Liquidity:

The company has a market cap of $347.8m with 35.5m shares outstanding and a float of 35.5m shares. Trading volume was 253,301 shares and has experienced an average volume of 98,258 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

Below was the last reported quarterly diluted earnings per share:

1st Qtr 2019 Reported 05-13-2019: 0.16
4th Qtr 2018 Reported 03-18-2019: 0.12
3rd Qtr 2018 Reported 11-26-2018: 0.10
2nd Qtr 2018 0.30
1st Qtr 2018 0.00

The growth of the EPS is critical in understanding the current valuation of Tuscan Corp..

Indicators Also to Watch:

Based on the latest filings, there is 9.20% of institutional ownership.

The beta was calculated to be 0.04.

SeekingAlpha:  How China Became A Technology Superpower

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 0.10%.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 1  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

Related

William Cook

William Cook

William Cook writes on current monetary and financial events. He is an entrepreneur and a writer. Cook holds a variety of distinctions counting the Chartered Financial Analyst (CFA) designation. He also holds an M.S. in Finance with a concentration in Investment Administration from Drexel University's Bennett S. LeBow College of Business. Cook also graduated magna cum laude from Dickinson College with a B.S. in Mathematics and a B.A. in Economics. 1414 Goldcliff Circle Alexandria, DC 22306

Leave a Reply

Your email address will not be published. Required fields are marked *