Can China TechFaith Wireless Communication Technology Ltd. ADR (NASDAQ:CNTF) sink your investment?

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China TechFaith Wireless Communication Technology Ltd. ADR (NASDAQ:CNTF) said its revenue at the close of the latest quarter were 25.52M%, up 1%% from the same period a year earlier.

Since China TechFaith Wireless Communication Technology Ltd. ADR incurred expenses of $19.1M to generate the revenue. Its gross income in the quarter was $6.42M. After discounting other operating expenses like salaries from the gross income, it closed up with EPS of $0.74.

Let?s analyze the technical of the stock

The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend. The market is in highly overbought territory. Beware of a trend reversal.

The reported EPS from dividing the net income by the number of outstanding shares. Shareholders should bear in mind that China TechFaith Wireless Communication Technology Ltd. ADR closed the quarter with diluted due shares of 10.59M.

For the imminent quarter, though, the market analysts are expecting EPS of $ from China TechFaith Wireless Communication Technology Ltd. ADR.

China TechFaith Wireless Communication Technology Ltd. ADR finished the recent quarter with a cash balance of 9.25M%. It recorded net cash flow of $- from operations, resulting in free cash flow of $- for the quarter.

With that, the firm closed the quarter with total assets of $383.82M. It reported total debt of 13.59M%, with the debt having jumped/decreased by falling from the previous quarter. China TechFaith Wireless Communication Technology Ltd. ADR booked total liabilities of $101.25M in the previous quarter.

Analysts who have analyzed China TechFaith Wireless Communication Technology Ltd. ADR so far have a recommendation of on its equity. What does that indicate? A recommendation in between 1.00 – 1.24 implies that a stock is a BUY. A call in the band of 1.75 – 2.24 implies a stock is a HOLD, and a call figure in between 2.75 – 3.00 shows a stock is a SELL. So that explains you the perception of China TechFaith Wireless Communication Technology Ltd. ADR on Wall Street.

However, outside HOLD, SELL and BUY other available analyst calls are OVERWEIGHT and UNDERWEIGHT, shown by figures in the range of 1.25 – 1.74 and 2.25 – 2.74, correspondingly.

Analysts on the average are anticipating that shares of China TechFaith Wireless Communication Technology Ltd. ADR will be trading at $ in the next 12 months.