Thumzup Media (NASDAQ:TZUP) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of Thumzup Media (NASDAQ:TZUP) from a hold rating to a sell rating in a research report sent to investors on Thursday.

Thumzup Media Trading Up 7.2%

NASDAQ:TZUP opened at $9.47 on Thursday. The firm has a market cap of $90.00 million and a P/E ratio of -13.93. Thumzup Media has a twelve month low of $2.02 and a twelve month high of $9.74. The business’s 50 day moving average price is $5.29.

Thumzup Media (NASDAQ:TZUP) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.22) EPS for the quarter.

Hedge Funds Weigh In On Thumzup Media

An institutional investor recently raised its position in Thumzup Media stock. Kestra Private Wealth Services LLC boosted its stake in shares of Thumzup Media Co. (NASDAQ:TZUP) by 195.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,300 shares of the company’s stock after purchasing an additional 26,000 shares during the period. Kestra Private Wealth Services LLC owned 0.41% of Thumzup Media worth $159,000 as of its most recent filing with the SEC.

Thumzup Media Company Profile

Thumzup Media Corporation is a provider of social media branding and marketing solutions which allow businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media. Thumzup Media Corporation is based in Los Angeles, CA.