Today Gridsum Holding Inc. (GSUM) Stock Crashes

The stock of Gridsum Holding Inc. (NASDAQ:GSUM) is a huge mover today! The stock decreased 6.01% or $0.14 during the last trading session, reaching $2.19. About 117,262 shares traded. Gridsum Holding Inc. (NASDAQ:GSUM) has declined 55.84% since January 29, 2018 and is downtrending. It has underperformed by 55.84% the S&P500.
The move comes after 6 months negative chart setup for the $67.53M company. It was reported on Jan, 29 by Barchart.com. We have $2.04 PT which if reached, will make NASDAQ:GSUM worth $4.73M less.

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 Globenewswire.com with their article: “Gridsum Announces Launch of Artificial Intelligence Engine: Gridsum Prophet – GlobeNewswire” published on May 25, 2017, 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: “Gridsum Announces Receipt of Nasdaq Staff Determination Letter and Intent to Request Hearing – PR Newswire” published on October 31, 2018 as well as Seekingalpha.com‘s news article titled: “Enterprise Artificial Intelligence Could Make Gridsum Holding The Swing Trade Of 2018 – Seeking Alpha” with publication date: January 29, 2018.

Gridsum Holding Inc. provides data analysis software for multinational and domestic enterprises, and government agencies in China. The company has market cap of $67.53 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.