TNL Mediagene (NASDAQ:TNMG) Shares Down 11.3% – Here’s What Happened

TNL Mediagene (NASDAQ:TNMGGet Free Report)’s share price traded down 11.3% during mid-day trading on Tuesday . The company traded as low as $0.2828 and last traded at $0.2882. 2,523,781 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 7,055,789 shares. The stock had previously closed at $0.3248.

TNL Mediagene Stock Performance

The stock’s 50-day moving average price is $0.34 and its 200-day moving average price is $0.45. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.38 and a quick ratio of 0.38.

TNL Mediagene Company Profile

(Get Free Report)

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.

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