TEN (NASDAQ:XHLD) Issues Quarterly Earnings Results

TEN (NASDAQ:XHLD) posted its quarterly earnings results on Monday. The company reported ($0.70) earnings per share for the quarter, Zacks reports. TEN had a negative net margin of 546.18% and a negative return on equity of 466.58%.

TEN Trading Up 54.0%

NASDAQ XHLD opened at $3.11 on Tuesday. The stock has a market capitalization of $37.25 million, a price-to-earnings ratio of -0.74 and a beta of 2.00. The stock has a 50-day moving average of $1.64 and a 200 day moving average of $1.64. TEN has a twelve month low of $0.76 and a twelve month high of $13.47.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TEN in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, TEN has an average rating of “Sell”.

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.