Takung Art Co. Ltd. sell mixitrader
Start price
08.02.20
/
50%
€1.05
Target price
22.02.20
€0.000
Performance (%)
14.29%
End price
22.02.20
€1.20
Summary
This prediction ended on 22.02.20 with a price of €1.20. The SELL prediction by mixitrader finished with a performance of 14.29%. mixitrader has 50% into this predictionTakung Art Co. Ltd. is a U.S.-based online art trading platform that provides an innovative and secure way for art collectors and investors to trade and store artwork. The company offers a wide range of artwork from different artists, with transparent pricing and hassle-free transactions. Additionally, the platform allows investors to fractionalize their ownership of artwork, enabling them to purchase shares in high-value artworks to diversify their investment portfolios. Takung Art Co. Ltd. uses blockchain technology to ensure the security and authenticity of all transactions and to provide a decentralized platform for art trading.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Takung Art Co. Ltd. | - | - | - | - |
| iShares Core DAX® | 1.051% | -1.833% | 12.822% | 15.392% |
| iShares Nasdaq 100 | -0.547% | -3.738% | 40.625% | 42.396% |
| iShares Nikkei 225® | -1.778% | -8.115% | 16.092% | 0.891% |
| iShares S&P 500 | 0.002% | -2.226% | 28.387% | 41.095% |
According to mixitrader what are the pros and cons of Takung Art Co. Ltd. for the foreseeable future?
Pros
Cons
Probably not worthwhile Investment
Revenue decline/stagnation expected
Lower EBIT Margin than peer group
High valuation
Low dividend yield expected
negative Cash Flow expected
Bad rating
Risky balance sheet
Increased challenges to pay loans and raise capital
Below average Management
Few uniques
Growths slower than the competition
high free float
Higher risks for its business
Below average Marketposition
Significant cyclical dependencies
EBIT decline/stagnation expected
Little Investments for future growth
ROE lower than 10% per year
Bad culture
Dependend from some customers or products
Sustainability is little important
Business model of the past or high risk
Little innovation
Little known brand
Comments by mixitrader for this prediction
In the thread Takung Art Co. Ltd. diskutieren
Sell mit Kursziel 0,0
In the thread Trading Takung Art Co. Ltd.
Einschätzung wurde nach dem Ende von Catch the Monkey automatisch beendet.
Stopped prediction by mixitrader for Takung Art Co. Ltd.
Takung Art Co. Ltd.
Start price
Target price
Perf. (%)
€3.27
02.04.22
02.04.22
€1.00
02.04.23
02.04.23
-25.44%
16.04.22
16.04.22
Probably not worthwhile Investment
Revenue decline/stagnation expected
Lower EBIT Margin than peer group
High valuation
