Thumzup Media (NASDAQ:TZUP) Stock Price Down 1.8% – Should You Sell?

Thumzup Media Co. (NASDAQ:TZUP)’s share price fell 1.8% during mid-day trading on Friday . The company traded as low as $3.97 and last traded at $4.45. 74,633 shares traded hands during trading, a decline of 36% from the average session volume of 116,885 shares. The stock had previously closed at $4.53.

Thumzup Media Trading Down 1.8 %

The firm’s 50 day moving average price is $3.43. The firm has a market capitalization of $41.95 million and a P/E ratio of -8.90.

Thumzup Media (NASDAQ:TZUP) last announced its quarterly earnings data on Tuesday, March 11th. The company reported ($0.33) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Thumzup Media

An institutional investor recently bought a new position in Thumzup Media stock. Geode Capital Management LLC bought a new position in shares of Thumzup Media Co. (NASDAQ:TZUP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 23,413 shares of the company’s stock, valued at approximately $80,000. Geode Capital Management LLC owned about 0.25% of Thumzup Media at the end of the most recent quarter.

About Thumzup Media

Thumzup Media Corporation is a provider of social media branding and marketing solutions which allow businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media. Thumzup Media Corporation is based in Los Angeles, CA.