Token Cat (NASDAQ:TC) Shares Up 3.8% – Here’s Why

Token Cat Limited – Sponsored ADR (NASDAQ:TCGet Free Report) shares were up 3.8% on Friday . The stock traded as high as $2.17 and last traded at $2.17. Approximately 265,789 shares changed hands during trading, a decline of 75% from the average daily volume of 1,074,850 shares. The stock had previously closed at $2.09.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Token Cat in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

View Our Latest Stock Analysis on TC

Token Cat Price Performance

The business has a 50-day moving average of $4.29 and a 200 day moving average of $8.23.

About Token Cat

(Get Free Report)

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.

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