Is Selling Gridsum Holding Inc. (GSUM) Here a Winning Strategy?

Spread the love

[ad_1]

The stock of Gridsum Holding Inc. (NASDAQ:GSUM) is a huge mover today! The stock decreased 2.83% or $0.08 during the last trading session, reaching $2.75. About 125,277 shares traded or 144.03% up from the average. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 43.37% since July 13, 2018 and is downtrending. It has underperformed by 47.80% the S&P500.
The move comes after 7 months negative chart setup for the $84.79 million company. It was reported on Jul, 13 by Barchart.com. We have $2.67 PT which if reached, will make NASDAQ:GSUM worth $2.54M less.

More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Seekingalpha.com which released: “SOLO, DBD among premarket gainers – Seeking Alpha” on February 13, 2019, also Globenewswire.com with their article: “Stull, Stull & Brody Announces Class Action Suit on Behalf of Purchasers of the Securities of Gridsum Holding Inc. (NASDAQ:GSUM) – GlobeNewswire” published on October 12, 2018, Prnewswire.com published: “RM LAW Announces Class Action Lawsuit Against Gridsum Holding Inc. – PR Newswire” on April 27, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Nasdaq.com and their article: “Asian ADRs Move Higher in Monday Trading – Nasdaq” published on April 22, 2019 as well as Prnewswire.com‘s news article titled: “Gridsum Receives NASDAQ Notices and Files Annual Report and Interim Report – PRNewswire” with publication date: January 07, 2019.

Gridsum Holding Inc. provides data analysis software for multinational and domestic enterprises, and government agencies in China. The company has market cap of $84.79 million. The Company’s proprietary distributed data architecture allows its clients to collect and analyze vast amounts of information; and Gridsum Big Data platform performs multi-dimensional correlation analysis and analyzes complex real-time events. It currently has negative earnings. The firm offers Web Dissector to analyze customer Websites by monitoring and analyzing key performance indicators; Mobile Dissector to understand mobile app user activity; SEM Dissector for search engine marketing; SEO Dissector, a search engine optimization tool; Ad Dissector, an advertisement performance monitoring and optimization product; Contribution Dissector to evaluate the performance of advertising campaigns; Audience Dissector, an audience analysis product; Recommendation Engine, a data driven content recommendation solution.

READ ALSO  Head-To-Head Review: Gridsum (NASDAQ:GSUM) vs. Momo (NASDAQ:MOMO)

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

[ad_2]

Source link


Spread the love