Shares of Baosheng Media Group Holdings Limited (NASDAQ:BAOS – Get Free Report) were up 9.1% during trading on Friday . The stock traded as high as $0.6990 and last traded at $0.6513. Approximately 602,999 shares changed hands during mid-day trading, an increase of 311% from the average daily volume of 146,735 shares. The stock had previously closed at $0.5968.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Baosheng Media Group in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.
View Our Latest Analysis on Baosheng Media Group
Baosheng Media Group Trading Up 9.1%
About Baosheng Media Group
Baosheng Media Group is a China-based animation and digital entertainment company focused on the creation, production and distribution of original animated content and digital comics. The company develops proprietary intellectual property (IP) and oversees the full production cycle, from storyboarding and character design to animation, post-production and voice-over recording.
Baosheng Media partners with leading digital streaming platforms such as Tencent Video, iQiyi and Bilibili to deliver its animation series and serialized comics to audiences across mainland China.
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