Shares of TNL Mediagene (NASDAQ:TNMG – Free Report) are set to reverse split on Tuesday, September 8th. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, September 7th.
TNL Mediagene Stock Performance
TNMG stock opened at $0.45 on Friday. TNL Mediagene has a twelve month low of $0.31 and a twelve month high of $12.28. The company has a debt-to-equity ratio of 3.87, a quick ratio of 0.50 and a current ratio of 0.50. The business has a fifty day moving average of $0.46 and a 200-day moving average of $1.13.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TNL Mediagene in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $14.00.
TNL Mediagene Company Profile
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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