Thumzup Media Co. (NASDAQ:TZUP - Get Free Report)'s stock price dropped 3.2% during mid-day trading on Thursday . The company traded as low as $7.80 and last traded at $7.92. Approximately 102,531 shares were traded during trading, a decline of 26% from the average daily volume of 138,587 shares. The stock had previously closed at $8.18.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered Thumzup Media from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd.
Check Out Our Latest Stock Report on TZUP
Thumzup Media Stock Up 0.1%
The firm's 50-day moving average price is $6.19 and its 200 day moving average price is $4.51. The firm has a market cap of $75.41 million and a P/E ratio of -11.66.
Thumzup Media (NASDAQ:TZUP - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.22) earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Thumzup Media
A hedge fund recently bought a new stake in Thumzup Media stock. Geode Capital Management LLC purchased a new position in Thumzup Media Co. (NASDAQ:TZUP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,413 shares of the company's stock, valued at approximately $80,000. Geode Capital Management LLC owned approximately 0.25% of Thumzup Media as of its most recent filing with the Securities & Exchange Commission.
About Thumzup Media
(
Get Free Report)
Thumzup Media Corporation is a provider of social media branding and marketing solutions which allow businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media. Thumzup Media Corporation is based in Los Angeles, CA.
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