The stock of Gridsum Holding Inc. (NASDAQ:GSUM) is a huge mover today! The stock increased 2.04% or $0.08 during the last trading session, reaching $4. About 128,298 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since March 12, 2018 and is downtrending. It has underperformed by 65.97% the S&P500.
The move comes after 8 months negative chart setup for the $123.33 million company. It was reported on Mar, 12 by Barchart.com. We have $3.72 PT which if reached, will make NASDAQ:GSUM worth $8.63M less.
More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Prnewswire.com which released: “Gridsum Forms Strategic Technology Partnership with New H3C Group – PRNewswire” on February 13, 2019, also Streetinsider.com with their article: “Gridsum (GSUM) Publishes Letter to Shareholders from CEO – StreetInsider.com” published on January 08, 2019, Prnewswire.com published: “Gridsum Provides Additional Information Regarding Audit Committee Investigation And Update On Anticipated Timing For Filing Audited Financial Statements And Annual Report – PRNewswire” on December 17, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Prnewswire.com and their article: “Gridsum Granted Extension by Nasdaq to Regain Compliance – PR Newswire” published on August 29, 2018 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 01/08/2019: GSUM, MEET, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: January 08, 2019.
Gridsum Holding Inc. provides data analysis software for multinational and domestic enterprises, and government agencies in China. The company has market cap of $123.33 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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