Shares of Cheer Holding, Inc. (NASDAQ:CHR – Get Free Report) traded up 4.9% on Thursday . The company traded as high as $1.64 and last traded at $1.61. Approximately 19,762 shares changed hands during trading, a decline of 29% from the average session volume of 27,942 shares. The stock had previously closed at $1.5350.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Cheer in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
Check Out Our Latest Analysis on CHR
Cheer Stock Performance
Cheer Company Profile
Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People’s Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an integrated e-commerce service with professionally produced content; CHEERS Video app, a media platform that engages users with content; and CHEERS e-Mall, an e-Mall app that offers products to the users through third party merchants through live streaming, online short videos, and online games.
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