BGM Group Ltd. (NASDAQ:BGM – Get Free Report) shares were up 13.8% on Thursday. The stock traded as high as $8.14 and last traded at $8.5950. 13,551 shares were traded during trading, an increase of 47% from the average session volume of 9,239 shares. The stock had previously closed at $7.5540.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded shares of BGM Group from a “sell (d)” rating to a “sell (e+)” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, BGM Group has a consensus rating of “Sell”.
View Our Latest Research Report on BGM
BGM Group Trading Up 19.4%
BGM Group (NASDAQ:BGM – Get Free Report) last issued its quarterly earnings data on Friday, August 28th. The company reported ($0.30) EPS for the quarter. The company had revenue of $12.15 million for the quarter.
BGM Group Company Profile
BGM Group Limited (NASDAQ: BGM) is a marketing and communications services company that provides integrated solutions designed to help businesses promote their brands and engage with customers.
The company’s services include marketing strategy, brand development, public relations, media relations, event planning and execution, advertising, and digital marketing. Its work may combine traditional media, online channels, promotional campaigns, and corporate events to support clients’ communication and customer-acquisition objectives.
BGM Group is organized as a holding company and conducts its operations through subsidiaries.
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