FreeCast (Direct Listing) (NASDAQ:CAST) Cut to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded FreeCast (NASDAQ: CAST) from a "hold" to a "sell" rating in a report released on Saturday.
• The stock opened at $4.50 and has shown wide volatility over the past 12 months, trading between a low of $1.88 and a high of $33.00.
• FreeCast reported weak quarterly results, posting EPS of -$0.07 and revenue of just $0.06 million for the quarter.

FreeCast (Direct Listing) (NASDAQ:CAST - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Saturday.

FreeCast (Direct Listing) Price Performance

Shares of CAST stock opened at $4.50 on Friday. FreeCast has a 12-month low of $1.88 and a 12-month high of $33.00.

FreeCast (Direct Listing) (NASDAQ:CAST - Get Free Report) last posted its quarterly earnings results on Monday, March 30th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $0.06 million during the quarter.

FreeCast (Direct Listing) Company Profile

FreeCast, Inc is a digital media and streaming-technology company that operates a platform for aggregated video content and content discovery. The company focuses on enabling consumers to find and access free, ad-supported and subscription video across connected TVs, mobile devices and the web through a unified interface. FreeCast's offering is positioned to address fragmentation in the streaming ecosystem by simplifying discovery and centralizing access to disparate streaming sources.

Its core activities center on content aggregation, distribution and monetization tools for both end users and business partners.

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