Triller Group (NASDAQ:ILLR) Shares Up 38.2% – Should You Buy?

Shares of Triller Group Inc. (NASDAQ:ILLRGet Free Report) traded up 38.2% during mid-day trading on Friday . The company traded as high as $0.2699 and last traded at $0.2699. 54,247 shares traded hands during trading, a decline of 93% from the average session volume of 790,959 shares. The stock had previously closed at $0.1953.

Triller Group Stock Performance

The stock has a fifty day moving average price of $0.32 and a 200-day moving average price of $0.54. The firm has a market cap of $41.88 million, a PE ratio of -0.22 and a beta of -1.78.

Institutional Investors Weigh In On Triller Group

A number of large investors have recently added to or reduced their stakes in ILLR. Vanguard Group Inc. boosted its stake in Triller Group by 329.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,730,920 shares of the company’s stock valued at $2,267,000 after acquiring an additional 2,095,390 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Triller Group by 1,421.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,364,056 shares of the company’s stock valued at $1,269,000 after purchasing an additional 1,274,403 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of Triller Group during the first quarter worth about $872,000. Goldman Sachs Group Inc. grew its stake in Triller Group by 358.6% in the first quarter. Goldman Sachs Group Inc. now owns 527,859 shares of the company’s stock worth $412,000 after purchasing an additional 412,758 shares in the last quarter. Finally, New York State Common Retirement Fund bought a new stake in Triller Group in the second quarter valued at about $140,000. 0.04% of the stock is owned by institutional investors and hedge funds.

Triller Group Company Profile

(Get Free Report)

Triller Group (NASDAQ: ILLR) is a publicly traded entertainment and technology company known primarily for its ownership and operation of the Triller social video platform. Launched as a competitor to other short-form video services, Triller offers users tools for video creation, music integration and social sharing. The platform caters to a broad audience of content creators, influencers and music artists, enabling them to produce, edit and distribute short videos directly from mobile devices.

Beyond the core app, Triller Group has diversified into live events, digital media and sports content.

Further Reading

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