Triller Group (NASDAQ:ILLR) Issues Quarterly Earnings Results

Triller Group (NASDAQ:ILLRGet Free Report) posted its quarterly earnings data on Thursday. The company reported ($1.42) earnings per share for the quarter, Zacks reports. The business had revenue of $5.23 million for the quarter.

Triller Group Price Performance

Shares of NASDAQ ILLR traded down $0.11 during mid-day trading on Friday, hitting $1.07. The company’s stock had a trading volume of 394,969 shares, compared to its average volume of 360,212. Triller Group has a one year low of $0.01 and a one year high of $17.30. The company’s fifty day simple moving average is $1.79 and its 200-day simple moving average is $2.03. The stock has a market cap of $21.28 million, a price-to-earnings ratio of -0.15 and a beta of -1.57.

Hedge Funds Weigh In On Triller Group

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in shares of Triller Group by 15.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 139,821 shares of the company’s stock worth $116,000 after purchasing an additional 18,811 shares during the last quarter. Virtu Financial LLC increased its holdings in Triller Group by 267.9% in the third quarter. Virtu Financial LLC now owns 45,741 shares of the company’s stock valued at $38,000 after purchasing an additional 33,308 shares during the last quarter. Bank of America Corp DE increased its holdings in Triller Group by 645.3% in the second quarter. Bank of America Corp DE now owns 56,587 shares of the company’s stock valued at $53,000 after purchasing an additional 48,994 shares during the last quarter. Invesco Ltd. acquired a new position in Triller Group in the second quarter valued at about $49,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Triller Group in the second quarter valued at about $52,000. 0.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ILLR. Weiss Ratings assumed coverage on shares of Triller Group in a report on Thursday, June 11th. They issued a “sell (e+)” rating for the company. Wall Street Zen raised Triller Group to a “hold” rating in a report on Sunday, July 12th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Get Our Latest Stock Analysis on ILLR

About Triller Group

(Get Free Report)

Triller Group (NASDAQ: ILLR) is a publicly traded entertainment and technology company known primarily for its ownership and operation of the Triller social video platform. Launched as a competitor to other short-form video services, Triller offers users tools for video creation, music integration and social sharing. The platform caters to a broad audience of content creators, influencers and music artists, enabling them to produce, edit and distribute short videos directly from mobile devices.

Beyond the core app, Triller Group has diversified into live events, digital media and sports content.

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Earnings History for Triller Group (NASDAQ:ILLR)

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