Shares of CooTek (Cayman) Inc. American Depositary Shares each representing 50 Class A (NYSE:CTK) traded today at $1.45, breaking its 52-week low. So far today approximately 75,000 shares have been exchanged, as compared to an average 30-day volume of 315,000 shares.
CooTek (Cayman) Inc. American Depositary Shares each representing 50 Class A share prices have moved between a 52-week high of $7.45 and the current low of $1.45 and are currently at $1.51 per share.
CooTek (Cayman) Inc is a mobile internet company offering mobile applications including a portfolio of content-rich mobile applications, TouchPal Phone book and TouchPal Smart Input. Its content-rich mobile applications focus on three categories: online literature, casual games and scenario-based mobile apps. The company’s products are Content-rich Mobile Applications that include Online literature, Casual games, Scenario-based mobile apps such as fitness, healthcare, and Phone call interface decoration; TouchPal Smart Input; and TouchPal Phonebook. It derives its majority of the revenue from the United States.
Potential upside of 6.0% exists for CooTek (Cayman) Inc. American Depositary Shares each representing 50 Class A, based on a current level of $1.51 and analysts’ average consensus price target of $1.60.
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