![]() ![]() UTime Limited values systematic management and organizes production with strict high-quality standards and production technologies. United States UTME Profile Stock Screener Earnings Calendar Sectors Nasdaq UTME U.S.: Nasdaq UTime Ltd. UTime Limited is mainly engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. UTime Limited operates as a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets. The ordinary shares began trading on the NASDAQ Capital Market on Tuesday, under the symbol "UTME." The offering is expected to close on Thursday subject to customary closing conditions.īoustead Securities, LLC acted as the lead underwriter for the offering, with Brilliant Norton Securities Company Limited and Fosun Hani Securities Limited serving as co-underwriters.Ī registration statement relating to these securities was filed with the Securities and Exchange The offering to the public is expected to raise a total of $15 million of gross proceeds to UTime. This results in cash-per-share (CPS) ratio of 8.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.UTime Limited (NASDAQ:UTME) rose sharply Wednesday, a day after the company priced its IPO at $4 per share. Utime currently holds about 69.57 M in cash with (20.86 M) of positive cash flow from operations. The entity has 8.27 M outstanding shares of which 31.08 K shares are at this time shorted by private and institutional investors with about 0.04 trading days to cover. Utime conducts business under Technology sector and is part of Consumer Electronics industry. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ![]() To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. To calculate Utime's market, we take the total number of its shares issued and multiply it by Utime's current market price. SHENZHEN, CHINA, (GLOBE NEWSWIRE) UTime Limited (NASDAQ: UTME) (UTime), a mobile device manufacturing company focused on China and other emerging markets, today announced that the company’s Board of Directors has appointed Weiyuan Wang to the Board. Market capitalization usually refers to the total value of a company's stock within the entire market. The company currently falls under ' Micro-Cap' category with a current market capitalization of 18.44 M. Utime is listed under Electrical Equipment category by Fama And French industry classification. It is located in Shenzhen Software Industry Base, Shenzhen, China, 518061 and employs 384 people. Utime (UTME) is traded on NASDAQ Exchange in USA. When we think about Utime's use of debt, we should always consider it together with cash and equity. Debt, in this case, can be an excellent and much better tool for Utime to invest in growth at high rates of return. However, a more frequent occurrence is when companies like Utime sell additional shares at bargain prices, diluting existing shareholders. So, Utime's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. Debt can assist Utime until it has trouble settling it off, either with new capital or with free cash flow. Utime has a current ratio of 1.28, suggesting that it may not have the ability to pay its financial obligations when due. The company currently holds 36.58 M in liabilities with Debt to Equity (D/E) ratio of 0.51, which is about average as compared to similar companies. Todays IPO for UTime Limited (Nasdaq: UTME) opened for trading at 11 after pricing 3,750,000 shares of its ordinary shares at a price of US4.00 per share. It can also help you figure out where your money is going and how much cash you have available at a given moment. Utime cash flow analysis is essential to understand how it generates and spends money over a specific period. US USD États-Unis Technologies Laction UTime Limited en résumé Laction UTime Limited s’échange au cours de 0,96 US lors de la dernière clôture. ![]()
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