Treasure Global (NASDAQ:TGL) Rating Increased to Hold at Wall Street Zen

Treasure Global (NASDAQ:TGL) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Treasure Global in a research note on Tuesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Treasure Global Stock Up 276.4%

Shares of NASDAQ:TGL opened at $25.44 on Friday. Treasure Global has a 12 month low of $5.23 and a 12 month high of $780.00. The company’s fifty day simple moving average is $16.60 and its 200 day simple moving average is $21.23. The firm has a market cap of $321.82 million, a price-to-earnings ratio of -1.28 and a beta of 2.86.

About Treasure Global

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.