The stock of Gridsum Holding Inc. (NASDAQ:GSUM) is a huge mover today! The stock decreased 12.50% or $0.3 during the last trading session, reaching $2.1. About 126,060 shares traded or 69.34% up from the average. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 53.30% since August 11, 2018 and is downtrending. It has underperformed by 53.30% the S&P500.
The move comes after 9 months negative chart setup for the $64.75 million company. It was reported on Aug, 11 by Barchart.com. We have $1.95 PT which if reached, will make NASDAQ:GSUM worth $4.53M less.
More notable recent Gridsum Holding Inc. (NASDAQ:GSUM) news were published by: Benzinga.com which released: “85 Biggest Movers From Yesterday – Benzinga” on August 07, 2019, also Seekingalpha.com with their article: “Enterprise Artificial Intelligence Could Make Gridsum Holding The Swing Trade Of 2018 – Seeking Alpha” published on January 29, 2018, Streetinsider.com published: “Gridsum (GSUM) Reports Suspension of Audit Report on Financial Statements – StreetInsider.com” on April 23, 2018. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Benzinga.com and their article: “60 Biggest Movers From Yesterday – Benzinga” published on June 18, 2019 as well as Prnewswire.com‘s news article titled: “Gridsum Appoints Herman Fong as Director and Co-President – PRNewswire” 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 $64.75 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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