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Thumzup Media (NASDAQ:TZUP) Downgraded by Wall Street Zen to Sell

Thumzup Media logo with Business Services background

Thumzup Media (NASDAQ:TZUP - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Thursday.

Thumzup Media Stock Performance

Shares of NASDAQ TZUP traded up $0.13 during mid-day trading on Thursday, hitting $8.33. 198,508 shares of the stock traded hands, compared to its average volume of 138,984. Thumzup Media has a 52 week low of $2.02 and a 52 week high of $9.74. The company has a market capitalization of $79.21 million and a P/E ratio of -12.25. The stock has a fifty day moving average of $5.47.

Thumzup Media (NASDAQ:TZUP - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($0.22) earnings per share for the quarter.

Institutional Investors Weigh In On Thumzup Media

A hedge fund recently bought a new stake in Thumzup Media stock. Geode Capital Management LLC bought a new position in Thumzup Media Co. (NASDAQ:TZUP - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,413 shares of the company's stock, valued at approximately $80,000. Geode Capital Management LLC owned approximately 0.25% of Thumzup Media at the end of the most recent quarter.

Thumzup Media Company Profile

(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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