Technology Telecommunication Stock Today

TETE Stock  USD 12.23  0.00  0.00%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
Technology Telecommunicatio is trading at 12.23 as of the 3rd of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 12.19. Technology Telecommunicatio has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Technology Telecommunication are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of September 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
9th of March 2022
Classification
Financials
Technology Telecommunication Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia. The company has 5.98 M outstanding shares of which 2.78 K shares are at this time shorted by private and institutional investors with about 0.64 trading days to cover. More on Technology Telecommunication

Moving together with Technology Stock

  0.72CG Carlyle GroupPairCorr
  0.65MA MastercardPairCorr
  0.64MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.73APO Apollo Global ManagementPairCorr
  0.69AXP American Express Fiscal Year End 24th of January 2025 PairCorr

Technology Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.8 M3.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalM4.6 M
Way Down
Slightly volatile
Total Assets55.9 M38.8 M
Way Up
Slightly volatile
Total Current Assets13.6 K14.3 K
Notably Down
Very volatile
Debt Levels
Technology Telecommunicatio can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Technology Telecommunicatio's financial leverage. It provides some insight into what part of Technology Telecommunicatio's total assets is financed by creditors.
Liquidity
Technology Telecommunication currently holds 1.95 M in liabilities. Note, when we think about Technology Telecommunicatio's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(668,076)
Technology Telecommunication (TETE) is traded on NASDAQ Exchange in USA. It is located in C3-2-23A, Jalan 1/152, Kuala Lumpur, Malaysia, 58200 and employs 2 people. Technology Telecommunicatio is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 73.08 M. Technology Telecommunicatio conducts business under Capital Markets sector and is part of Financials industry. The entity has 5.98 M outstanding shares of which 2.78 K shares are at this time shorted by private and institutional investors with about 0.64 trading days to cover. Technology Telecommunication currently holds about 656.7 K in cash with (781.38 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Technology Telecommunicatio Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Technology Telecommunicatio is $73.08 Million. Technology Telecommunicatio maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Technology Ownership Details

Technology Stock Institutional Holders

InstituionRecorded OnShares
Fir Tree Inc2024-09-30
80.8 K
Cowen And Company, Llc2024-09-30
25.8 K
Wellspring Financial Advisors, Llc2024-09-30
10.1 K
Clear Street Llc2024-06-30
2.1 K
Periscope Capital Inc.2024-06-30
0.0
Warberg Asset Management Llc2024-09-30
0.0
Walleye Trading Llc2024-09-30
0.0
Centiva Capital Lp2024-06-30
0.0
Polar Asset Management Partners2024-06-30
0.0
Meteora Capital, Llc2024-09-30
577.8 K
Glazer Capital, Llc2024-09-30
352.7 K
View Technology Telecommunicatio Diagnostics

Technology Telecommunicatio Historical Income Statement

At present, Technology Telecommunicatio's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 216.9 K, whereas EBIT is projected to grow to (1.6 M). View More Fundamentals

Technology Stock Against Markets

When determining whether Technology Telecommunicatio is a strong investment it is important to analyze Technology Telecommunicatio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Technology Telecommunicatio's future performance. For an informed investment choice regarding Technology Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Technology Telecommunicatio. If investors know Technology will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Technology Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.876
Earnings Share
0.05
Return On Assets
(0.03)
The market value of Technology Telecommunicatio is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Technology Telecommunicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Technology Telecommunicatio's market value can be influenced by many factors that don't directly affect Technology Telecommunicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Technology Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.