Token Cat (NASDAQ:TC) Stock Rating Raised to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Token Cat (NASDAQ:TC) from a sell rating to a hold rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

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

Token Cat Price Performance

TC stock opened at $1.47 on Friday. Token Cat has a twelve month low of $1.20 and a twelve month high of $19.99. The firm has a 50 day simple moving average of $1.88 and a 200-day simple moving average of $5.31.

Token Cat (NASDAQ:TC) last issued its quarterly earnings results on Thursday, October 15th. The company reported ($0.71) earnings per share (EPS) for the quarter. The company had revenue of $1.43 million for the quarter.

About Token Cat

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.