TEN (NASDAQ:XHLD) Shares Up 24.3% – Time to Buy?

TEN Holdings, Inc. (NASDAQ:XHLD) traded up 24.3% on Thursday . The stock traded as high as $4.54 and last traded at $3.17. 41,104,198 shares traded hands during mid-day trading, an increase of 475% from the average session volume of 7,148,071 shares. The stock had previously closed at $2.55.

Analyst Upgrades and Downgrades

Several brokerages recently commented on XHLD. Wall Street Zen raised shares of TEN to a “sell” rating in a research report on Saturday, December 6th. Weiss Ratings restated a “sell (e+)” rating on shares of TEN in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, TEN currently has a consensus rating of “Sell”.

TEN Stock Up 24.3%

The firm has a market capitalization of $9.41 million and a P/E ratio of -0.52.

About TEN

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.