Gridsum Holding (NASDAQ:GSUM) Receives a Downgrade
BidaskScore decreased Gridsum Holding (NASDAQ:GSUM) shares to a Hold rating in analysts note made public today.
The stock decreased 17.29% or $0.65 during the last trading session, reaching $3.11. About 318,183 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since March 24, 2018 and is downtrending. It has underperformed by 65.97% the S&P500.
Gridsum Holding Inc. provides data analysis software for enterprises and government agencies in China. The company has market cap of $95.89 million. The Company’s proprietary distributed data architecture allows its clients to collect and analyze information; and Gridsum Big Data platform and Gridsum Prophet 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 track and analyze user behavior from original access to ultimate conversion; Audience Dissector, an audience analysis product; and Recommendation Engine, a data driven content recommendation solution.
More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Nasdaq.com which released: “Technology Sector Update for 01/08/2019: CREE,STM,MEET,GSUM – Nasdaq” on January 08, 2019, also Prnewswire.com with their article: “Gridsum Granted Extension by Nasdaq to Regain Compliance – PR Newswire” published on August 29, 2018, Seekingalpha.com published: “Enterprise Artificial Intelligence Could Make Gridsum Holding The Swing Trade Of 2018 – Seeking Alpha” on January 29, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Streetinsider.com and their article: “Gridsum (GSUM) Reports Suspension of Audit Report on Financial Statements – StreetInsider.com” published on April 23, 2018 as well as Prnewswire.com‘s news article titled: “Gridsum Forms Strategic Technology Partnership with New H3C Group – PRNewswire” with publication date: February 13, 2019.