Gridsum Holding Inc – ADR (NASDAQ:GSUM) target price upped to $20.60, issued a ratings update earlier today by Goldman Sachs Group Inc.
- Updated: October 18, 2016
Yesterday Gridsum Holding Inc – ADR (NASDAQ:GSUM) traded 0.12% higher at $16.42. The company’s 50-day moving average is $16.82 and its 200-day moving average is $16.82. The last stock close 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 time. 38,608 shares of the stock were exchanged, down from an average trading volume of 648,806
Goldman Sachs Group Inc. bumped up the target of Gridsum Holding Inc – ADR (NASDAQ:GSUM) to $20.60 stating a potential upside of 0.25%.
Recent Performance Chart
Gridsum Holding Inc – ADR has 52 week low of $15.25 and a 52 week high of $18.29 and has a market capitalization of $0.
General Information About Gridsum Holding Inc – ADR (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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