TEN (NASDAQ:XHLD) Issues Earnings Results

TEN (NASDAQ:XHLD) announced its quarterly earnings results on Monday. The company reported ($0.70) earnings per share (EPS) for the quarter, Zacks reports. TEN had a negative net margin of 546.18% and a negative return on equity of 466.58%.

TEN Stock Up 54.0%

NASDAQ:XHLD traded up $1.09 during trading hours on Monday, reaching $3.11. 53,795,008 shares of the company’s stock were exchanged, compared to its average volume of 2,294,272. TEN has a 1-year low of $0.76 and a 1-year high of $13.47. The firm has a market capitalization of $37.26 million, a price-to-earnings ratio of -0.74 and a beta of 2.00. The company has a 50-day moving average of $1.60 and a 200 day moving average of $1.63.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TEN in a research report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, TEN presently has a consensus rating of “Sell”.

TEN Company Profile

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.