Shares of Baosheng Media Group Holdings (BAOS, Financial) saw a significant drop of 5.83%. The stock is currently trading at $1.93 with a trading volume of 1,417 shares and a turnover rate of 0.09%. The fluctuation range for the stock is 1.47%.
Recent financial results reveal that the company reported a revenue of $46,175, with a net loss of $1.74 million. Earnings per share were at a negative $1.13, and gross profit stood at negative $153,654. The price-to-earnings ratio is currently at negative 0.85, indicating challenges in profitability.
There are no current analyst recommendations for buying, holding, or selling BAOS. Within the advertising and marketing sector, where Baosheng operates, there has been an overall decline of 0.04%. In comparison, other sector companies, such as Lendway, Inc., are performing well, showing notable gains. Active stocks in this sector include Qmmm Holdings Limited and 星际时尚, with turnover rates of 13.55% and 3.92%, respectively. Stocks with large price swings include Qmmm Holdings Limited and Lendway, Inc., with amplitudes of 45.75% and 16.91%.
Baosheng focuses on internet performance marketing, short videos, proprietary big data platforms, and AI technology. The company provides comprehensive marketing solutions and serves as a key partner for major Chinese tech firms like Tencent, Alibaba, ByteDance, and Kuaishou in channel marketing services and technology applications. Baosheng is committed to expanding its footprint in these fields, enhancing new technology developments, and exploring innovative marketing models to strengthen its industrial ecosystem.
