Is Gridsum Holding (NASDAQ:GSUM) now a ‘Sell’ After a BidaskScore Downgrade?

Gridsum Holding (NASDAQ:GSUM) Receives a Downgrade

In an analyst report sent to investors on 19 May, BidaskScore lowered their rating for shares of Gridsum Holding (NASDAQ:GSUM) to a Hold.

The stock increased 2.65% or $0.09 during the last trading session, reaching $3.49. About 39,199 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 61.60% since May 19, 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 $107.61 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: Prnewswire.com which released: “Gridsum Expands Relationship with NIKE – PRNewswire” on January 10, 2019, also Prnewswire.com with their article: “Gridsum Provides Additional Information Regarding Audit Committee Investigation And Update On Anticipated Timing For Filing Audited Financial Statements And Annual Report – PRNewswire” published on December 17, 2018, Prnewswire.com published: “Gridsum Receives NASDAQ Notices and Files Annual Report and Interim Report – PRNewswire” on January 07, 2019. More interesting news about Gridsum Holding Inc. (NASDAQ:GSUM) were released by: Prnewswire.com and their article: “Gridsum Signs SFbest.com as New Client – PR Newswire” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “SOLO, DBD among premarket gainers – Seeking Alpha” with publication date: February 13, 2019.