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Stifel disclosed Gridsum (NASDAQ:GSUM), hiking its price target to $21.00 earlier today

Reporting a potential upside of 0.28%, Stifel upped the price target of Gridsum (NASDAQ:GSUM) to $21.00

Having a price of $16.42, Gridsum (NASDAQ:GSUM) traded 0.12% higher on the day. With the last close down -2.24% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GSUM has recorded a 50-day average of $16.82 and a two hundred day average of $16.82. Trade Volume was down over the average, with 38,608 shares of GSUM changing hands under the typical 648,806

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Gridsum has a 52 week low of $15.25 and a 52 week high of $18.29 The company’s market cap is currently $0.

General Information About 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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