Turtle Beach Corporation (NASDAQ:HEAR): A worthy Investment or not?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Turtle Beach Corporation (NASDAQ:HEAR) for the period of 9-Day stands at 38.01% while the stochastic %D for the same period stands at 29.63%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Turtle Beach Corporation (NASDAQ:HEAR) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Turtle Beach Corporation (NASDAQ:HEAR) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Turtle Beach Corporation (NASDAQ:HEAR)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Turtle Beach Corporation is an audio technology company. It designs audio products for consumer, commercial and healthcare markets. The company markets premium headsets for use with personal computers, mobile devices and video game consoles under the brand Turtle Beach (TurtleBeach.com). Under the brand HyperSound (HyperSound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and healthcare. Turtle Beach Corporation, formerly known as Parametric Sound Corporation, is based in Valhalla, New York.

Previous Day Activity Analysis

On the last trading day, Turtle Beach Corporation (NASDAQ:HEAR) opened the session at $0.77 and after going up 4.86% closed at $0.8. The stock gained 0.03 points in the last trade.

Turtle Beach Corporation (NASDAQ:HEAR)’s stock fluctuated in the range of $0.750 and $0.800 during the previous active session. Turtle Beach Corporation (NASDAQ:HEAR) traded with the volume of 1.28 Million with average volume of 154.69 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.12 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.05 and 51.37 respectively.

Currently the Insider Ownership of the shares of Turtle Beach Corporation (NASDAQ:HEAR) is at 0.6% and the shares outstanding are 47.13 Million.

Important Ratio Analysis

Some important ratios to consider here for Turtle Beach Corporation (NASDAQ:HEAR) are discussed below:

Dividend yield of Turtle Beach Corporation (NASDAQ:HEAR) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0.24 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 31.42 and 8.38 correspondingly.

The Quick Ratio of Turtle Beach Corporation (NASDAQ:HEAR) stands at 0.5 while the Current Ratio depicts the value of 1.1.

Return on Assets ROA of Turtle Beach Corporation (NASDAQ:HEAR) is at -72.9% whereas, Return on Equity ROE and Return of Investment ROI of Turtle Beach Corporation (NASDAQ:HEAR) stand at 163.6% and -121.4% respectively.

Stock Performance Analysis

The stock performance of Turtle Beach Corporation (NASDAQ:HEAR) on the basis of 5 day trade show the jump of 0% whereas, the monthly performance of the stock shows increase of 1.27%.

The quarterly performance of the stock remained in red zone with the value of -3.61% while six month performance of the shares of Turtle Beach Corporation (NASDAQ:HEAR) remained bearish with the count of -10.52%.

The yearly and YTD performance of Turtle Beach Corporation (NASDAQ:HEAR) remained down at -36% and -38.93% respectively.