TryHard (NASDAQ:THH) Trading Down 10.4% – Here’s What Happened

TryHard Holdings Limited (NASDAQ:THH)’s stock price traded down 10.4% during mid-day trading on Monday . The stock traded as low as $25.73 and last traded at $26.40. 104,211 shares were traded during mid-day trading, a decline of 10% from the average session volume of 115,218 shares. The stock had previously closed at $29.47.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e-)” rating on shares of TryHard in a report on Monday, December 29th. Wall Street Zen raised shares of TryHard to a “hold” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

TryHard Price Performance

The business’s 50-day moving average is $14.15.

Hedge Funds Weigh In On TryHard

A hedge fund recently bought a new stake in TryHard stock. Citadel Advisors LLC purchased a new position in shares of TryHard Holdings Limited (NASDAQ:THH) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned 0.17% of TryHard at the end of the most recent reporting period.

About TryHard

As a lifestyle entertainment company in Japan, we aim to be on the cutting edge of the entertainment industry by introducing state-of-art technology, immersive storytelling, and bespoke experiences that are multi-sensory. Our mission is to create unique entertainment experiences that captivate audiences, foster memorable connections, and leave a lasting impact. Our principal businesses comprise (i) event curation, (ii) consultancy and management services; (iii) sub-leasing of entertainment venues; and (iv) ownership and operation of restaurants.