TEN (NASDAQ:XHLD) Stock Price Up 2.6% – Time to Buy?

TEN Holdings, Inc. (NASDAQ:XHLD) traded up 2.6% during trading on Wednesday . The stock traded as high as $1.60 and last traded at $1.57. 44,934 shares were traded during trading, a decline of 98% from the average session volume of 2,375,778 shares. The stock had previously closed at $1.53.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on XHLD. Wall Street Zen raised TEN to a “sell” rating in a research report on Saturday, December 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TEN in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, TEN currently has a consensus rating of “Sell”.

TEN Price Performance

The firm has a market capitalization of $4.66 million and a P/E ratio of -0.26. The stock has a 50-day simple moving average of $1.82.

TEN Company Profile

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.