TNL Mediagene (NASDAQ:TNMG) Upgraded to Sell at Wall Street Zen

Wall Street Zen upgraded shares of TNL Mediagene (NASDAQ:TNMG) to a sell rating in a report issued on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TNL Mediagene in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $112.00.

TNL Mediagene Trading Down 4.0%

Shares of NASDAQ TNMG opened at $3.36 on Friday. TNL Mediagene has a 52-week low of $2.45 and a 52-week high of $98.21. The stock has a 50 day moving average price of $3.46 and a 200 day moving average price of $8.25. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 3.87.

About TNL Mediagene

TNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan. The company was founded on May 25, 2023 and is headquartered in Taipei, Taiwan.