Luokung Technology Corp Stock Today
| LKCO Stock | USD 1.82 0.01 0.55% |
Performance0 of 100
| Odds Of DistressOver 80
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Luokung Technology is selling at 1.82 as of the 11th of December 2024; that is 0.55% increase since the beginning of the trading day. The stock's open price was 1.81. Luokung Technology has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 19th of August 2023 and ending today, the 11th of December 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 23rd of August 2018 | Category Communication Services |
Luokung Technology Corp., together with its subsidiaries, engages in the provision of location-based services and mobile application products for long distance rail travelers in the Peoples Republic of China. Luokung Technology Corp. was incorporated in 2009 and is headquartered in Beijing, China. The company has 2.44 M outstanding shares of which 48.83 K shares are now shorted by private and institutional investors with about 2.09 trading days to cover. More on Luokung Technology Corp
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Luokung Stock Highlights
| President Director | Dongpu Zhang | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Interactive Media & Services, Media & Entertainment, Communication Services, NASDAQ Composite, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsLuokung Technology 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 Luokung Technology's financial leverage. It provides some insight into what part of Luokung Technology's total assets is financed by creditors.
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Luokung Technology Corp (LKCO) is traded on NASDAQ Exchange in USA. It is located in SOHO Phase II, Beijing, China, 100020 and employs 375 people. Luokung Technology is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.44 M. Luokung Technology Corp conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 2.44 M outstanding shares of which 48.83 K shares are now shorted by private and institutional investors with about 2.09 trading days to cover.
Luokung Technology Corp currently holds about 16.44 M in cash with (420.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership AllocationRoughly 98.35 % of Luokung Technology outstanding shares are held by general public with 0.65 pct. owned by insiders and only 1.0 % by institutional investors.
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Luokung Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Sicart Associates Llc | 2024-09-30 | 21.2 K | |
| Banque Cantonale Vaudoise | 2024-09-30 | 15.4 K | |
| Royal Bank Of Canada | 2024-06-30 | 92.0 | |
| Ubs Group Ag | 2024-09-30 | 0.0 | |
| Citadel Advisors Llc | 2024-09-30 | 0.0 |
Luokung Technology Historical Income Statement
Luokung Stock Against Markets
Luokung Technology Corporate Management
| Xuesong Song | CoFounder Chairman | Profile | |
| Jian Zhang | Chief Officer | Profile | |
| Jie Yu | Chief Officer | Profile | |
| Baomin Li | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Interactive Media & Services 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (652.40) | Revenue Per Share 4.604 | Quarterly Revenue Growth (0.87) | Return On Assets (0.44) | Return On Equity (4.47) |
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology'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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology'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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology'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.