TEN (NASDAQ:XHLD) Posts Earnings Results

TEN (NASDAQ:XHLD) released its quarterly earnings data on Monday. The company reported ($0.70) earnings per share (EPS) for the quarter, Zacks reports. TEN had a negative return on equity of 466.58% and a negative net margin of 546.18%.

TEN Stock Up 54.0%

XHLD stock traded up $1.09 during midday trading on Monday, reaching $3.11. 53,855,899 shares of the company’s stock traded hands, compared to its average volume of 2,296,601. The firm’s fifty day moving average price is $1.60 and its 200-day moving average price is $1.63. TEN has a 52 week low of $0.76 and a 52 week high of $13.47. The company has a market cap of $37.26 million, a price-to-earnings ratio of -0.74 and a beta of 2.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TEN in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, TEN presently has a consensus rating of “Sell”.

TEN Company Profile

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.