Time to Buy Gridsum Holding Inc. (GSUM) After Today’s Huge Increase?


The stock of Gridsum Holding Inc. (NASDAQ:GSUM) is a huge mover today! The stock increased 12.16% or $0.36 during the last trading session, reaching $3.32. About 98,940 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since April 1, 2018 and is downtrending. It has underperformed by 65.97% the S&P500.
The move comes after 7 months positive chart setup for the $102.37M company. It was reported on Apr, 1 by Barchart.com. We have $3.52 PT which if reached, will make NASDAQ:GSUM worth $6.14M more.

More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Prnewswire.com which released: “Gridsum Regains Compliance with Nasdaq Listing Rules – PRNewswire” on January 14, 2019, also Prnewswire.com with their article: “Gridsum Announces Receipt of Nasdaq Staff Determination Letter and Intent to Request Hearing – PR Newswire” published on October 31, 2018, Prnewswire.com published: “Gridsum Granted Extension by Nasdaq to Regain Compliance – PR Newswire” on August 29, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Benzinga.com and their article: “52 Biggest Movers From Yesterday – Benzinga” published on March 26, 2019 as well as Streetinsider.com‘s news article titled: “Gridsum (GSUM) Announces Herman Fong as Board Member and Co-President with Focus on Corporate Development – StreetInsider.com” with publication date: February 01, 2019.

Gridsum Holding Inc. provides data analysis software for multinational and domestic enterprises, and government agencies in China. The company has market cap of $102.37 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.

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