TuanChe (NASDAQ:TC) Shares Up 1.6%

TuanChe Limited (NASDAQ:TCGet Rating) shares shot up 1.6% during trading on Friday . The company traded as high as $0.78 and last traded at $0.78. 38,230 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 221,641 shares. The stock had previously closed at $0.77.

TuanChe Price Performance

The stock has a market cap of $19.12 million, a PE ratio of -0.95 and a beta of 0.15. The business has a fifty day moving average of $1.79 and a 200 day moving average of $3.01.

Institutional Trading of TuanChe

An institutional investor recently raised its position in TuanChe stock. Renaissance Technologies LLC raised its position in shares of TuanChe Limited (NASDAQ:TCGet Rating) by 10.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,698 shares of the company’s stock after buying an additional 4,900 shares during the quarter. Renaissance Technologies LLC owned about 0.25% of TuanChe worth $178,000 at the end of the most recent quarter. Institutional investors own 0.22% of the company’s stock.

TuanChe Company Profile

(Get Rating)

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China. It organizes auto shows and special promotion events that attract various consumers; 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.

See Also

Receive News & Ratings for TuanChe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TuanChe and related companies with MarketBeat.com's FREE daily email newsletter.