TNL Mediagene (NASDAQ:TNMG) Upgraded by Wall Street Zen to “Hold” Rating

TNL Mediagene (NASDAQ:TNMG) was upgraded by investment analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TNL Mediagene in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $3.50.

TNL Mediagene Price Performance

NASDAQ:TNMG opened at $2.79 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.38 and a current ratio of 0.38. TNL Mediagene has a 12-month low of $2.40 and a 12-month high of $223.51. The stock’s fifty day simple moving average is $0.48 and its 200-day simple moving average is $0.45.

About TNL Mediagene

TNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan. The company was founded on May 25, 2023 and is headquartered in Taipei, Taiwan.