CTW Cayman’s Lock-Up Period To End on February 2nd (NASDAQ:CTW)

CTW Cayman’s (NASDAQ:CTW) lock-up period is set to end on Monday, February 2nd. CTW Cayman had issued 2,400,000 shares in its IPO on August 6th. The total size of the offering was $12,000,000 based on an initial share price of $5.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of CTW Cayman in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

CTW Cayman Trading Down 6.7%

CTW opened at $1.60 on Monday. The stock has a 50-day moving average of $1.95. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.15. CTW Cayman has a 12 month low of $1.56 and a 12 month high of $4.88.

CTW Cayman (NASDAQ:CTW) last posted its quarterly earnings data on Monday, November 17th. The company reported ($319,392.47) earnings per share (EPS) for the quarter. The firm had revenue of $24.58 million during the quarter.

About CTW Cayman

We are a leading globally accessible, web-based gaming platform, offering players an immersive digital space through our flagship HTML5 platform, G123.jp. Our platform showcases a diverse selection of free-to-play games inspired by popular Japanese animations, including Queen’s Blade, So I’m a Spider, So What?, and Goblin Slayer. The HTML5-based G123.jp platform removes common barriers to gameplay, such as downloads, installations, and mandatory registrations, ensuring that seamless, instant access is available to players worldwide across different types of devices, including mobile devices beyond just PCs.