TryHard (NASDAQ:THH) Shares Gap Down – Here’s Why

TryHard Holdings Limited (NASDAQ:THH) gapped down prior to trading on Friday . The stock had previously closed at $21.62, but opened at $20.85. TryHard shares last traded at $21.51, with a volume of 48,399 shares.

Wall Street Analysts Forecast Growth

THH has been the subject of several analyst reports. Wall Street Zen raised shares of TryHard to a “hold” rating in a research report on Thursday, September 18th. Weiss Ratings reissued a “sell (e-)” rating on shares of TryHard in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

TryHard Trading Up 36.3%

The business’s 50-day moving average is $14.15.

Hedge Funds Weigh In On TryHard

An institutional investor recently bought a new position in TryHard stock. Citadel Advisors LLC acquired a new stake in shares of TryHard Holdings Limited (NASDAQ:THH) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned about 0.17% of TryHard as of its most recent filing with the Securities and Exchange Commission (SEC).

About TryHard

As a lifestyle entertainment company in Japan, we aim to be on the cutting edge of the entertainment industry by introducing state-of-art technology, immersive storytelling, and bespoke experiences that are multi-sensory. Our mission is to create unique entertainment experiences that captivate audiences, foster memorable connections, and leave a lasting impact. Our principal businesses comprise (i) event curation, (ii) consultancy and management services; (iii) sub-leasing of entertainment venues; and (iv) ownership and operation of restaurants.