THUMZUP MEDIA (NASDAQ:DTCX) Shares Down 0.9% – Here’s What Happened

THUMZUP MEDIA Corp (NASDAQ:DTCX) shares were down 0.9% during trading on Monday . The company traded as low as $2.13 and last traded at $2.15. Approximately 153,819 shares changed hands during trading, a decline of 45% from the average daily volume of 280,876 shares. The stock had previously closed at $2.17.

Analysts Set New Price Targets

Separately, Wall Street Zen raised THUMZUP MEDIA from a “strong sell” rating to a “hold” rating in a report on Saturday, May 16th.

THUMZUP MEDIA Price Performance

The firm has a market capitalization of $83.57 million, a P/E ratio of -1.97 and a beta of 0.28. The firm’s fifty day moving average is $2.25.

THUMZUP MEDIA (NASDAQ:DTCX) last released its earnings results on Thursday, May 14th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $2.18 million during the quarter.

THUMZUP MEDIA Company Profile

Thumzup Media Corporation operates as a software as a service provider in the United States. The company develops and builds influencer and gig economy community under the Thumzup mobile application. Its mobile application incentivizes real people to generate and post authentic posts on social media about the advertiser and its products. The company was incorporated in 2020 and is headquartered in Los Angeles, California.