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Goldman Sachs recorded Gridsum (NASDAQ:GSUM), hiking its price target to $20.60 earlier today

Goldman Sachs bumped up the target of Gridsum (NASDAQ:GSUM) to $20.60 stating a potential upside of 0.25%.

Showing a price of $16.42, Gridsum (NASDAQ:GSUM) traded 0.12% higher on the day. The last stock price is down -2.24% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Gridsum has recorded a 50-day average of $16.82 and a two hundred day moving average of $16.82. 38,608 shares of Gridsum exchanged hands, down from an avg. volume of 648,806

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Gridsum has 52 week low of $15.25 and a one year high of $18.29 and has a total market value of $0.

General Company Details For Gridsum (NASDAQ:GSUM)

Gridsum Holding Inc. is a holding company. The Company provides data analysis software for multinational and domestic enterprises, and government agencies in China. The Company's technology, the Gridsum Big Data Platform performs multi-dimensional correlation analysis and analyzes real-time events. The Company offers various types of solutions and technologies. The Company's software products are designed for a range of commercial and governmental applications. The Company's products focus on digital marketing analytics and automation solutions. The Company offers Web analytics solutions based on data warehouse technology to build solutions on a distributed data warehouse architecture, using the open-source Hadoop framework. The Company delivers its solutions as cloud-based software-as-a-service (SaaS) offerings that manage information technology (IT) support costs by outsourcing hardware and software maintenance and support.

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