Triller Group (NASDAQ:ILLR) Upgraded by Wall Street Zen to “Hold” Rating

Triller Group (NASDAQ:ILLR) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a note issued to investors on Sunday.

Separately, Weiss Ratings assumed coverage on shares of Triller Group in a research report on Thursday, June 11th. They issued a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Triller Group presently has a consensus rating of “Sell”.

Triller Group Price Performance

Shares of NASDAQ ILLR traded down $0.02 during midday trading on Friday, reaching $2.34. 185,853 shares of the stock traded hands, compared to its average volume of 17,273,986. The stock has a market capitalization of $46.54 million, a PE ratio of -0.33 and a beta of -1.65. Triller Group has a one year low of $0.01 and a one year high of $17.30. The company’s 50 day moving average is $2.29 and its 200 day moving average is $2.11.

Institutional Investors Weigh In On Triller Group

Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in Triller Group by 15.5% during the third quarter. JPMorgan Chase & Co. now owns 139,821 shares of the company’s stock valued at $116,000 after purchasing an additional 18,811 shares during the period. Virtu Financial LLC boosted its holdings in shares of Triller Group by 267.9% in the 3rd quarter. Virtu Financial LLC now owns 45,741 shares of the company’s stock worth $38,000 after purchasing an additional 33,308 shares during the period. Bank of America Corp DE increased its position in shares of Triller Group by 645.3% during the 2nd 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. bought a new position in shares of Triller Group during the 2nd quarter valued at approximately $49,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Triller Group during the 2nd quarter valued at approximately $52,000. 0.04% of the stock is owned by institutional investors.

Triller Group Company Profile

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.