CooTek (Cayman) Inc. (CTK) shares have gained 24.05% at $0.294 in Friday’s session. CooTek (CTK) stock finished last trading session at $0.24. The stock recorded a trading volume of 7.2 million shares, which is below the average daily trading volume published for the last 50 days of 4.19 million shares.
The shares of CooTek (Cayman) Inc. have advanced 8.77% in the last five days; however, they have lost -18.30% over the last month. The stock price has shed -50.94% over the last three months and has lost -61.42 percent so far this year. CTK stock is rising following the selection of an app developed by the company.
Who selected the CTK-developed app?
CooTek (CTK) is a versatile web organization with a worldwide vision that offers content-rich portable applications, zeroing in on three classes: online writing, situation-based content applications, and portable games. CooTek’s main goal is to enable everybody to appreciate important substances consistently. CTK’s client-driven and information-driven approach have empowered it to deliver engaging items to catch portable web clients’ always developing substance needs and assists it with quickly drawing in designated clients.
As of late, a clump of top-notch writing work from Fengdu Novel, an online writing application created by CooTek (CTK), has been chosen by the 10th round of Tencent Video’s Mars Project and will be prepared for delivering into short movies by creation organizations.
- As Fengdu Novel keeps on zeroing in on developing its substance nature through IP business, the fruitful coordinated effort denotes one more achievement in its IP hatching of short movies.
- The five bits of writing works are extraordinary models for short movies brooding, highlighting the speedy, fanciful, and modern novel styles.
- The fruitful participation with the stage and creation organizations likewise demonstrates the allures of IP on the lookout.
- The effective shooting undertakings of the web-based novel works affirm Fengdu’s solid abilities in IP brooding and commercialization, in light of its rich involvement with IP obtaining and permitting.
- In the previous year, Fengdu Novel sent off a few cooperation projects on IP permitting into book recordings, recordings, and liveliness.
- As far as happy globalization, Fengdu Novel has additionally authorized various works to abroad stages and expanded the openings for these works.
How CooTek is having an effect?
The CTK-created Fengdu Novel is consistently improving the in-application climate through essayist enrollment, preparing, writing contests, novel works enhancement, and different drives. In the final part of 2021, Fengdu Novel sent off a web-based local area to upgrade client experience. In light of the productive outcomes on happy commercialization, Fengdu Novel has turned beneficial in the second from last quarter of 2021, declared by CooTek (CTK) in its most recent monetary outcomes on March 15.
