TEN (NASDAQ:XHLD – Get Free Report) released its earnings results on Friday. The company reported ($0.33) earnings per share for the quarter, FiscalAI reports. TEN had a negative return on equity of 440.98% and a negative net margin of 627.50%. The business had revenue of $0.64 million for the quarter.
TEN Stock Up 16.4%
TEN stock opened at $0.58 on Friday. TEN has a 1 year low of $0.38 and a 1 year high of $15.43. The business has a 50 day moving average of $4.52 and a 200-day moving average of $2.71.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Weiss Ratings raised TEN from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded TEN to a “hold” rating in a research report on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
View Our Latest Analysis on XHLD
TEN Company Profile
We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.
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