SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Now Covered by B. Riley Financial

B. Riley Financial assumed coverage on shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) in a research note released on Thursday, MarketBeat reports. The firm issued a buy rating and a $124.00 target price on the stock.

SHAZ has been the topic of a number of other research reports. Compass Point lifted their price objective on SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the company a “buy” rating in a report on Monday, May 18th. Cantor Fitzgerald initiated coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday, April 9th. They issued an “overweight” rating and a $40.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Monday. Finally, Wall Street Zen lowered SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.67.

SharonAI Holdings, Inc. Class A Common Stock Trading Up 5.0%

Shares of SHAZ opened at $80.00 on Thursday. SharonAI Holdings, Inc. Class A Common Stock has a 12-month low of $1.90 and a 12-month high of $178.00. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of -55.94 and a beta of 5.89. The business’s 50 day simple moving average is $68.77. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last issued its quarterly earnings results on Friday, May 15th. The company reported ($1.43) earnings per share (EPS) for the quarter. The company had revenue of $0.29 million during the quarter.

About SharonAI Holdings, Inc. Class A Common Stock

SharonAI Holdings Inc is a high-performance computing (HPC) company deploying large-scale energy and compute infrastructure, USA energy markets and infrastructure asset management. Its services include: Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud, SHARON AI Private Cloud, Virtual Private Clusters, HPC Servers, SHARON AI Supercluster, GPU Fleet, Virtual Servers, Cloud Storage, AI Model Training, High-Performance Computing (HPC), and Video Encoding & Decoding. The company’s products are: Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud, SHARON AI Private Cloud, Virtual Private Clusters, HPC Servers, SHARON AI Supercluster, GPU Fleet, Virtual Servers, Cloud Storage, AI Model Training, High Performance Computing (HPC), and Video Encoding & Decoding.