FreeCast (Direct Listing) (NASDAQ:CAST) Raised to “Hold” at Zacks Research

FreeCast (Direct Listing) (NASDAQ:CASTGet Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Wall Street Zen lowered shares of FreeCast (Direct Listing) from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Weiss Ratings initiated coverage on shares of FreeCast (Direct Listing) in a research note on Wednesday, June 3rd. They issued a “sell (e-)” rating on the stock. Finally, Maxim Group initiated coverage on shares of FreeCast (Direct Listing) in a research note on Friday, April 24th. They issued a “buy” rating and a $6.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $6.00.

View Our Latest Research Report on CAST

FreeCast (Direct Listing) Stock Performance

NASDAQ:CAST opened at $0.64 on Wednesday. FreeCast has a 12 month low of $0.50 and a 12 month high of $33.00. The company has a 50 day moving average price of $2.13.

FreeCast (Direct Listing) (NASDAQ:CASTGet Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $0.09 million for the quarter.

About FreeCast (Direct Listing)

(Get Free Report)

FreeCast, Inc is a digital media and streaming-technology company that operates a platform for aggregated video content and content discovery. The company focuses on enabling consumers to find and access free, ad-supported and subscription video across connected TVs, mobile devices and the web through a unified interface. FreeCast’s offering is positioned to address fragmentation in the streaming ecosystem by simplifying discovery and centralizing access to disparate streaming sources.

Its core activities center on content aggregation, distribution and monetization tools for both end users and business partners.

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