Cheer (NASDAQ:CHR) Stock Price Up 4% – What’s Next?

Cheer Holding, Inc. (NASDAQ:CHR – Get Free Report) shares were up 4% on Thursday. The company traded as high as $1.82 and last traded at $1.57. 3,635,311 shares changed hands during mid-day trading, an increase of 10,953% from the average daily volume of 32,891 shares. The stock had previously closed at $1.51.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Cheer in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Research Report on Cheer

Cheer Price Performance

The stock has a 50-day moving average of $1.73 and a 200-day moving average of $1.89.

Cheer Company Profile

(Get Free Report)

Cheer Holding, Inc (NASDAQ: CHR), formerly known as Glory Star New Media Group Holdings Limited, is a China-based technology and digital media company. The company develops and operates internet platforms that provide digital entertainment, online content and related services to consumers.

Its activities have included producing and distributing short-form video and other original digital content, operating mobile applications and online platforms, and providing services related to advertising, membership and digital commerce.

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