Watch for Continued Losses in Shares of Baosheng Media Group Holdings Limited (BAOS)

July 19, 2021 11:07:51

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) traded at a new 52-week low today of $2.40. This new low was reached on above average trading volume as 1.5 million shares traded hands, while the average 30-day volume is approximately 940,000 shares.

Baosheng Media Group Holdings Ltd provides comprehensive marketing solutions. Its services are Internet effect marketing, V-log or short video streaming marketing, original big data platform system service, and AI technology. The firm provides one-stop and full-link deep customized marketing solutions for partners. Baosheng Group is also a core agency of leading domestic Internet companies such as Tencent, Alibaba, Bytedance, and Kuaishou, with performing channel marketing services, technologies, and applications.

Baosheng Media Group Holdings Limited has overhead space with shares priced $2.42, or 4.0% below the average consensus analyst price target of $2.52.

In the past 52 weeks, Baosheng Media Group Holdings Limited share prices are bracketed by a current low of $2.40 and a high of $10.20 and is now at $2.42.

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