Baosheng Media Group (NASDAQ:BAOS) Posts Quarterly Earnings Results

Baosheng Media Group (NASDAQ:BAOS) posted its quarterly earnings results on Friday. The company reported ($2.56) earnings per share for the quarter, FiscalAI reports.

Baosheng Media Group Stock Performance

BAOS traded down $0.09 during trading on Friday, hitting $2.65. The stock had a trading volume of 2,100 shares, compared to its average volume of 36,457. The company has a 50 day moving average price of $2.63 and a 200-day moving average price of $2.85. Baosheng Media Group has a one year low of $1.75 and a one year high of $8.30.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baosheng Media Group in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About Baosheng Media Group

Baosheng Media Group is a China-based animation and digital entertainment company focused on the creation, production and distribution of original animated content and digital comics. The company develops proprietary intellectual property (IP) and oversees the full production cycle, from storyboarding and character design to animation, post-production and voice-over recording.

Baosheng Media partners with leading digital streaming platforms such as Tencent Video, iQiyi and Bilibili to deliver its animation series and serialized comics to audiences across mainland China.