Triller Group (NASDAQ:ILLR) Posts Quarterly Earnings Results

Triller Group (NASDAQ:ILLR) announced its quarterly earnings data on Thursday. The company reported ($1.42) EPS for the quarter, Zacks reports. The firm had revenue of $5.23 million during the quarter.

Triller Group Trading Down 7.3%

ILLR traded down $0.09 on Friday, reaching $1.09. The company had a trading volume of 274,080 shares, compared to its average volume of 2,442,632. The company has a fifty day moving average of $1.81 and a 200-day moving average of $2.04. The company has a market capitalization of $21.76 million, a P/E ratio of -0.16 and a beta of -1.57. Triller Group has a one year low of $0.01 and a one year high of $17.30.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Weiss Ratings began coverage on Triller Group in a report on Thursday, June 11th. They issued a “sell (e+)” rating on the stock. Wall Street Zen upgraded shares of Triller Group to a “hold” rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Trading of Triller Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Triller Group by 329.7% in the third quarter. Vanguard Group Inc. now owns 2,730,920 shares of the company’s stock worth $2,267,000 after buying an additional 2,095,390 shares during the period. New York State Common Retirement Fund acquired a new position in shares of Triller Group during the 2nd quarter worth $140,000. Geode Capital Management LLC lifted its stake in shares of Triller Group by 1,421.5% in the second quarter. Geode Capital Management LLC now owns 1,364,056 shares of the company’s stock worth $1,269,000 after buying an additional 1,274,403 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Triller Group by 358.6% in the first quarter. Goldman Sachs Group Inc. now owns 527,859 shares of the company’s stock valued at $412,000 after purchasing an additional 412,758 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in shares of Triller Group during the first quarter worth approximately $872,000. Institutional investors and hedge funds own 0.04% of the company’s stock.

Triller Group Company Profile

Triller Group (NASDAQ: ILLR) is a publicly traded entertainment and technology company known primarily for its ownership and operation of the Triller social video platform. Launched as a competitor to other short-form video services, Triller offers users tools for video creation, music integration and social sharing. The platform caters to a broad audience of content creators, influencers and music artists, enabling them to produce, edit and distribute short videos directly from mobile devices.

Beyond the core app, Triller Group has diversified into live events, digital media and sports content.