Baosheng Media Group (NASDAQ:BAOS) Releases Earnings Results

Baosheng Media Group (NASDAQ:BAOS) issued its earnings results on Friday. The company reported ($1.95) EPS for the quarter, FiscalAI reports. The company had revenue of $0.03 million during the quarter.

Baosheng Media Group Stock Performance

NASDAQ:BAOS traded down $0.01 during trading hours on Friday, reaching $0.18. The company had a trading volume of 1,844,739 shares, compared to its average volume of 1,886,835. The stock has a 50-day moving average of $0.35 and a two-hundred day moving average of $1.72. Baosheng Media Group has a one year low of $0.16 and a one year high of $3.82.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Baosheng Media Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 8th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.

About Baosheng Media Group

Baosheng Media Group Limited is a China-based integrated marketing service provider. Through its operating subsidiaries, the company offers advertising and marketing solutions designed to help businesses promote their brands, products and services through digital media channels.

Its services include marketing strategy and planning, media placement, campaign execution and performance monitoring. Baosheng Media works with advertisers and media platforms to develop and manage online advertising campaigns, with services intended to support customer acquisition, brand awareness and engagement.

The company primarily serves advertisers and businesses in China.