Cutler Group LP purchased a new position in shares of Seven Stars Cloud Group Inc (NASDAQ:SSC) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 30,172 shares of the technology company’s stock, valued at approximately $139,000.
Separately, Bank of Montreal Can acquired a new position in Seven Stars Cloud Group in the 4th quarter worth about $168,000. Hedge funds and other institutional investors own 1.52% of the company’s stock.
Seven Stars Cloud Group Inc (SSC) traded down $0.68 during midday trading on Wednesday, hitting $4.29. The company’s stock had a trading volume of 1,709,000 shares, compared to its average volume of 1,493,270. Seven Stars Cloud Group Inc has a 1 year low of $1.10 and a 1 year high of $7.00. The company has a market cap of $309.49, a price-to-earnings ratio of -7.03 and a beta of 1.74.
SSC has been the subject of a number of recent research reports. BidaskClub raised Seven Stars Cloud Group from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. ValuEngine lowered Seven Stars Cloud Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
Seven Stars Cloud Group Company Profile
Seven Stars Cloud Group, Inc, formerly Wecast Network, Inc, is engaged in providing cloud-based, business to business (B2B) solutions for business landscape. The Company focuses on BASE technology and infrastructure including Blockchain, artificial intelligence, supply chain and exchanges to the virtual platform as a service (v pass).
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