TNL Mediagene (NASDAQ:TNMG) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen cut shares of TNL Mediagene (NASDAQ:TNMG) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Several other equities analysts have also commented on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of TNL Mediagene in a report on Thursday, December 18th. Benchmark increased their price target on shares of TNL Mediagene to $14.00 and gave the stock a “speculative buy” rating in a research report on Thursday. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $14.00.

TNL Mediagene Trading Up 65.7%

Shares of NASDAQ TNMG opened at $3.91 on Friday. The stock’s fifty day moving average is $4.46 and its 200 day moving average is $6.61. TNL Mediagene has a 52 week low of $1.94 and a 52 week high of $120.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.38 and a current ratio of 0.38.

About TNL Mediagene

TNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan. The company was founded on May 25, 2023 and is headquartered in Taipei, Taiwan.