Cheer Holding, Inc. (NASDAQ:CHR – Get Free Report) rose 2.2% on Monday. The stock traded as high as $1.42 and last traded at $1.3794. Approximately 12,840 shares traded hands during trading, a decline of 94% from the average session volume of 210,845 shares. The stock had previously closed at $1.35.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Cheer in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Cheer presently has a consensus rating of “Sell”.
Get Our Latest Report on Cheer
Cheer Trading Down 0.3%
The firm’s fifty day simple moving average is $1.55 and its 200 day simple moving average is $2.27.
Cheer Company Profile
Cheer Holding, Inc (NASDAQ: CHR), formerly known as Glory Star New Media Group Holdings Limited, is a China-based technology and digital entertainment company. The company operates an integrated platform that combines short-form video, livestreaming, social networking, digital content and online services.
Cheer’s business activities have included the development and operation of mobile applications and digital platforms designed to connect users with entertainment, lifestyle and consumer content.
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