TEN (NASDAQ:XHLD) Issues Quarterly Earnings Results

TEN (NASDAQ:XHLD) posted its quarterly earnings results on Wednesday. The company reported ($3.93) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $0.71 million during the quarter. TEN had a negative return on equity of 346.32% and a negative net margin of 335.04%.

TEN Stock Performance

NASDAQ:XHLD opened at $1.36 on Friday. The firm has a market capitalization of $4.04 million and a price-to-earnings ratio of -0.22. TEN has a 12 month low of $1.05 and a 12 month high of $39.30. The company has a 50-day moving average price of $1.84.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on XHLD shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of TEN in a research note on Monday, December 29th. Wall Street Zen upgraded TEN to a “sell” rating in a research report on Saturday, December 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

About TEN

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.