FreeCast (Direct Listing) (NASDAQ:CAST) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of FreeCast (Direct Listing) (NASDAQ:CAST) from a sell rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

Other research analysts have also recently issued reports about the stock. Zacks Research upgraded shares of FreeCast (Direct Listing) to a “hold” rating in a research report on Wednesday, June 10th. Weiss Ratings upgraded shares of FreeCast (Direct Listing) from a “sell (e-)” rating to a “sell (e)” rating in a report on Monday, September 14th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $6.00.

FreeCast (Direct Listing) Trading Down 0.8%

CAST opened at $1.17 on Friday. The stock has a market capitalization of $59.42 million and a P/E ratio of -6.50. The stock has a 50-day moving average price of $1.33 and a 200-day moving average price of $2.48. FreeCast has a 12-month low of $0.50 and a 12-month high of $33.00.

FreeCast (Direct Listing) (NASDAQ:CAST) last announced its quarterly earnings data on Monday, September 28th. The company reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.29). The company had revenue of $0.36 million during the quarter. On average, equities research analysts predict that FreeCast will post -0.23 EPS for the current year.

About FreeCast (Direct Listing)

FreeCast, Inc is a media and entertainment technology company that develops streaming aggregation services. Its platform is designed to bring together free, ad-supported streaming television, on-demand programming, live channels and subscription-based content in a unified viewing experience, helping consumers discover and access content from multiple sources.

The company offers consumer-facing streaming products and related technology intended to simplify television viewing across connected TVs, mobile devices and other internet-enabled platforms.