![]() ![]() Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. ![]() Sign Up to Receive a Free Special Report That Shows How A+ Investor Grades Can Help You Make Investment Decisions There is also an anticipated increase in demand for wearable devices including smartwatches and wireless headphones, as both are expected to become more mainstream closer and well into 2022. Furthermore, as schools, businesses, and consumers look to adjust to the post-pandemic era, experts forecast growth of 18% to 20% relating to PCs as people continue to move more of their work and daily activities online. The average selling price for smartphones is expected to rise in 2021 as a result of this. While smartphone-related unit shipments stagnated in 2020, but growth is expected as we see 5G phones become more mainstream and widely accepted by consumers. 5G devices provide major growth opportunities, as these products, particularly 5G phones pertaining to Apple, have seen a healthy demand that has been much higher than expected. Despite uncontrollable external factors such as the pandemic and trade wars impacting this sub industry, there are many upcoming opportunities that look to contribute to sustainable growth going forward. The outlook for this sub-industry for the next year is positive. UTime Ltd does not currently pay a dividend. There are not analysts providing consensus earnings estimates for the current fiscal year. Year-over-year quarterly sales growth most recently was -28.7%. UTime Ltd’s trailing 12-month revenue is $43.5 million with a % profit margin. UTime Ltd does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Read on to find out how ( UTME) grades on certain investment factors and determine whether it meets your investment needs.Īs of May 12, 2023, UTime Ltd had a $9.3 million market capitalization, putting it in the 12th percentile of companies in the Phones & Handheld Devices industry. Learn more about whether UTime Ltd is a good stock to buy or sell based on recent news as well as its key financial metrics.
0 Comments
Leave a Reply. |