Wall Street Zen Upgrades DarkIris (NASDAQ:DKI) to “Sell”

DarkIris (NASDAQ:DKI) was upgraded by analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of DarkIris from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 9th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has an average rating of “Sell”.

DarkIris Price Performance

Shares of NASDAQ:DKI opened at $1.53 on Friday. The business has a 50-day simple moving average of $91.33 and a two-hundred day simple moving average of $250.03. DarkIris has a fifty-two week low of $1.33 and a fifty-two week high of $968.00.

DarkIris (NASDAQ:DKI) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($37.75) earnings per share (EPS) for the quarter. The company had revenue of $2.96 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in DarkIris stock. Renaissance Technologies LLC increased its holdings in DarkIris Inc. (NASDAQ:DKI) by 145.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 124,942 shares of the company’s stock after purchasing an additional 74,110 shares during the period. Renaissance Technologies LLC owned approximately 9.92% of DarkIris worth $37,000 at the end of the most recent quarter.

DarkIris Company Profile

DarkIris Inc is a holding company incorporated as an exempted company on May 31, 2024 under the laws of the Cayman Islands. We operate substantially all of our business through our subsidiaries in Hong Kong, namely Quantum Arts Co, Limited (“Quantum”) and Hongkong Stellar Wisdom Co, Limited (“Stellar”). Operated in Hong Kong, we are a comprehensive technology enterprise engaged in the development, publishing and operating of mobile digital games via various third-party digital storefronts. Our activities encompass including game design, programming and graphics, as well as distribution and operation of mobile games on various platforms.