Treasure Global (NASDAQ:TGL) Downgraded by Wall Street Zen to “Sell”

Treasure Global (NASDAQ:TGL) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Treasure Global in a report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Treasure Global Stock Up 5.3%

NASDAQ TGL opened at $7.14 on Friday. Treasure Global has a 52 week low of $4.51 and a 52 week high of $780.00. The company has a market capitalization of $9.14 million, a P/E ratio of -0.02 and a beta of 2.86. The stock’s 50-day moving average price is $14.02 and its 200-day moving average price is $19.90.

Treasure Global Company Profile

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. Treasure Global Inc was incorporated in 2020 and is based in New York, New York.