TNL Mediagene (NASDAQ:TNMG) Stock Rating Lowered by Wall Street Zen

TNL Mediagene (NASDAQ:TNMG) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Other research analysts have also recently issued reports about the company. Weiss Ratings reissued a “sell (e+)” rating on shares of TNL Mediagene in a research note on Thursday, December 18th. Benchmark boosted their target price on TNL Mediagene to $14.00 and gave the stock a “speculative buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, TNL Mediagene currently has an average rating of “Hold” and an average target price of $14.00.

TNL Mediagene Stock Performance

Shares of TNMG stock opened at $3.91 on Friday. The firm has a 50 day moving average of $4.46 and a two-hundred day moving average of $6.63. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.38 and a quick ratio of 0.38. TNL Mediagene has a 52 week low of $1.94 and a 52 week high of $120.00.

About TNL Mediagene

TNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan. The company was founded on May 25, 2023 and is headquartered in Taipei, Taiwan.