Tingo Group Stock Today

TIO Stock   0.01  0  25.00%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Tingo is selling at 0.005 as of the 22nd of November 2024; that is 25.00% up since the beginning of the trading day. The stock's open price was 0.004. Tingo has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Tingo Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
25th of June 2004
Category
Technology
Classification
Information Technology
Tingo is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 241.95 M outstanding shares of which 16.24 M shares are at this time shorted by investors with about 11.18 days to cover. More on Tingo Group

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Tingo Stock Highlights

Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.09480.0998
Notably Down
Slightly volatile
Total Current Liabilities320.5 M305.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total777.6 M740.6 M
Sufficiently Up
Slightly volatile
Total AssetsB1.9 B
Sufficiently Up
Slightly volatile
Total Current Assets641.4 M610.9 M
Sufficiently Up
Slightly volatile
Debt Levels
Tingo 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 Tingo's financial leverage. It provides some insight into what part of Tingo's total assets is financed by creditors.
Liquidity
Tingo Group has 2.96 M in debt. Note however, debt could still be an excellent tool for Tingo to invest in growth at high rates of return.

Depreciation

338.31 Million
Tingo Group (TIO) is traded on NASDAQ Exchange in USA and employs 797 people. Tingo is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 166.95 M. Tingo Group runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 241.95 M outstanding shares of which 16.24 M shares are at this time shorted by investors with about 11.18 days to cover. Tingo generates positive cash flow from operations, but has no cash available
Check Tingo Probability Of Bankruptcy
Ownership Allocation
Tingo Group shows a total of 241.95 Million outstanding shares. Tingo Group maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tingo Ownership Details

Tingo Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tingo market risk premium is the additional return an investor will receive from holding Tingo long position in a well-diversified portfolio.

Tingo Stock Against Markets

When determining whether Tingo Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tingo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tingo Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tingo Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tingo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Electronic Equipment, Instruments & Components 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 Tingo. If investors know Tingo 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 Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.45
Revenue Per Share
15.292
Quarterly Revenue Growth
41.613
Return On Assets
0.3485
Return On Equity
0.4324
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo'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 Tingo's market value can be influenced by many factors that don't directly affect Tingo'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 Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo'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.