Gridsum Holding Inc. (GSUM) Increases Again; Strong Momentum for Buyers


The stock of Gridsum Holding Inc. (NASDAQ:GSUM) is a huge mover today! The stock increased 4.65% or $0.16 during the last trading session, reaching $3.6. About 118,907 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since April 27, 2018 and is downtrending. It has underperformed by 65.97% the S&P500.
The move comes after 7 months positive chart setup for the $111.00M company. It was reported on Apr, 27 by Barchart.com. We have $3.85 PT which if reached, will make NASDAQ:GSUM worth $7.77 million more.

More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Benzinga.com which released: “58 Biggest Movers From Yesterday – Benzinga” on February 14, 2019, also Prnewswire.com with their article: “Gridsum Renews Contract with SAIC Volkswagen – PR Newswire” published on July 11, 2018, Investorplace.com published: “Innovation Will Keep Nike Stock on a Winning Path – Investorplace.com” on January 17, 2019. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Prnewswire.com and their article: “RM LAW Announces Class Action Lawsuit Against Gridsum Holding Inc. – PR Newswire” published on April 27, 2018 as well as Streetinsider.com‘s news article titled: “Gridsum (GSUM) Publishes Letter to Shareholders from CEO – StreetInsider.com” 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 $111.00 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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