BidaskClub upgraded shares of Seven Stars Cloud Group (NASDAQ:SSC) from a sell rating to a hold rating in a report released on Friday.
Shares of NASDAQ:SSC traded down $0.19 during mid-day trading on Friday, reaching $3.74. 546,836 shares of the company were exchanged, compared to its average volume of 611,733. Seven Stars Cloud Group has a 1 year low of $1.41 and a 1 year high of $7.00.
Seven Stars Cloud Group (NASDAQ:SSC) last posted its quarterly earnings data on Monday, August 13th. The technology company reported ($0.12) earnings per share for the quarter. The company had revenue of $132.99 million for the quarter. Seven Stars Cloud Group had a negative return on equity of 72.38% and a negative net margin of 5.37%.
Seven Stars Cloud Group, Inc operates as an Artificial-Intelligent (AI) and Blockchain-powered Fintech company in the People's Republic of China. The company provides asset owners and holders a method and platform for digital asset securitization, tokenization, and trading through managing and providing an infrastructure and environment that facilitates the transformation of traditional financial markets, such as commodities, currency, and credit into the asset digitalization.
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