Sound Group (NASDAQ:SOGP) Shares Up 0.3% – Here’s What Happened

Sound Group, Inc. (NASDAQ:SOGP)’s share price rose 0.3% during trading on Tuesday . The stock traded as high as $14.66 and last traded at $14.55. Approximately 19,883 shares changed hands during trading, a decline of 18% from the average daily volume of 24,233 shares. The stock had previously closed at $14.50.

Analyst Upgrades and Downgrades

SOGP has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Sound Group in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of Sound Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Sound Group currently has a consensus rating of “Sell”.

Sound Group Price Performance

The stock has a market cap of $71.88 million, a P/E ratio of 161.67 and a beta of 2.86. The company has a fifty day moving average price of $13.38 and a 200 day moving average price of $14.26.

Sound Group Company Profile

Sound Group Inc is a global, AI-powered audio company on a mission to help people connect better and live happier. Leveraging its voice AI technologies and deep expertise in audio interaction, Sound Group is building a diverse ecosystem of intelligent audio products that cater to a global user base. By integrating technology, innovative products, and real-world data within a user-centric ecosystem, the Company generates a powerful growth flywheel that drives continuous innovation and accelerates global expansion.