Gridsum (NASDAQ GSUM) opened at $11.78 on Thursday. The company has a market capitalization of $361.69 and a price-to-earnings ratio of -9.28. Gridsum has a 12 month low of $6.76 and a 12 month high of $13.94.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Quentec Asset Management LLC raised its stake in shares of Gridsum by 12.6% in the third quarter. Quentec Asset Management LLC now owns 1,145,268 shares of the technology company’s stock valued at $11,797,000 after purchasing an additional 127,926 shares in the last quarter. State Street Corp acquired a new position in shares of Gridsum in the second quarter valued at $112,000. Stifel Financial Corp acquired a new position in shares of Gridsum in the second quarter valued at $226,000. FIL Ltd acquired a new position in shares of Gridsum in the second quarter valued at $7,668,000. Finally, Northern Trust Corp acquired a new position in shares of Gridsum in the second quarter valued at $106,000. Institutional investors and hedge funds own 35.68% of the company’s stock.
WARNING: “Gridsum (GSUM) Raised to C- at TheStreet” was first posted by Stock Observer and is owned by of Stock Observer. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.thestockobserver.com/2018/01/14/gridsum-gsum-raised-to-c-at-thestreet.html.
Gridsum Company Profile
Gridsum Holding Inc is a holding company. The Company provides data analysis software for multinational and domestic enterprises, and government agencies in China. The Company’s technology, the Gridsum Big Data Platform performs multi-dimensional correlation analysis and analyzes real-time events. The Company offers various types of solutions and technologies.
Receive News & Ratings for Gridsum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gridsum and related companies with MarketBeat.com's FREE daily email newsletter.