Token Cat (NASDAQ:TC) Upgraded by Wall Street Zen to “Hold” Rating

by · The Markets Daily

Wall Street Zen upgraded shares of Token Cat (NASDAQ:TC – Free Report) to a hold rating in a report released on Saturday.

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

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Token Cat Price Performance

Shares of NASDAQ TC opened at $2.17 on Friday. The stock has a 50-day moving average price of $4.29 and a two-hundred day moving average price of $8.23. Token Cat has a 12 month low of $1.49 and a 12 month high of $22.46.

About Token Cat

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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.

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