TEN (NASDAQ:XHLD) Shares Up 24.3% – Time to Buy?

TEN Holdings, Inc. (NASDAQ:XHLD)’s stock price traded up 24.3% during trading on Thursday . The stock traded as high as $4.54 and last traded at $3.17. 41,104,198 shares changed hands during mid-day trading, an increase of 475% from the average session volume of 7,148,071 shares. The stock had previously closed at $2.55.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on XHLD shares. Wall Street Zen raised TEN to a “sell” rating in a report on Saturday, December 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of TEN in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

TEN Trading Up 24.3%

The company has a market capitalization of $9.41 million and a PE ratio of -0.52.

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.