TEN (NASDAQ:XHLD) Stock Price Up 2.6% – What’s Next?

TEN Holdings, Inc. (NASDAQ:XHLD)’s share price traded up 2.6% during mid-day trading on Wednesday . The company traded as high as $1.60 and last traded at $1.57. 44,934 shares were traded during mid-day trading, a decline of 98% from the average session volume of 2,375,778 shares. The stock had previously closed at $1.53.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. 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 research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, TEN currently has a consensus rating of “Sell”.

TEN Stock Performance

The firm has a 50 day simple moving average of $1.82. The firm has a market cap of $4.66 million and a price-to-earnings ratio of -0.26.

TEN Company Profile

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.