Token Cat (NASDAQ:TC) Upgraded 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 note issued to investors on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Token Cat in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Token Cat currently has a consensus rating of “Sell”.

Token Cat Stock Performance

Shares of TC opened at $1.40 on Friday. Token Cat has a 1 year low of $1.20 and a 1 year high of $19.99. The stock’s 50-day moving average price is $1.87 and its two-hundred day moving average price is $5.21.

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