The stock of Baosheng Media Group Holdings Limited (BAOS, Financial) experienced a notable increase of 5.41%. The share price reached $1.95, with a trading volume of 5,136 shares and a turnover rate of 0.33%. The price fluctuation for the stock was recorded at 9.56%.
Recent financial reports indicate that Baosheng generated revenue of $46,175, with a net loss of $1.74 million. Earnings per share stood at -$1.13, and the gross profit was -$153,654, resulting in a price-to-earnings ratio of -0.84. Currently, no institutional ratings are available for BAOS in terms of buy, hold, or sell recommendations.
Within the advertising and marketing sector, the overall gain was 1.11%. Notable performers in the same industry included Innovid Corp., Lendway, Inc., and Hao Xi Health Technology, which saw significant increases. Innovid Corp., Qmmm Holdings Limited, and Hao Xi Health Technology were particularly active, with turnover rates of 35.42%, 16.21%, and 6.41%, respectively. Stocks with high volatility included Lendway, Inc., Hao Xi Health Technology, and Yuehang Sunshine, with price fluctuations of 23.20%, 19.91%, and 19.05% respectively.
Baosheng specializes in internet performance marketing, short videos, and proprietary big data platform systems integrated with AI technology. The company offers comprehensive and customized marketing solutions. Additionally, Baosheng serves as a crucial provider of channel marketing services and technology applications for leading Chinese internet companies such as Tencent, Alibaba, ByteDance, and Kuaishou. The company is committed to expanding its presence in these areas, enhancing new technology development, and exploring innovative marketing models to build a robust ecosystem.
