Triller Group (NYSE:ILLR) Trading Down 4.3% - Time to Sell?

Triller Group Inc. (NYSE:ILLR - Get Free Report)'s share price dropped 4.3% during mid-day trading on Friday . The stock traded as low as $0.71 and last traded at $0.74. Approximately 435,714 shares were traded during trading, a decline of 45% from the average daily volume of 792,097 shares. The stock had previously closed at $0.77.

Triller Group Stock Performance

The stock has a market capitalization of $119.30 million, a price-to-earnings ratio of -0.60 and a beta of -1.71. The company has a 50-day moving average of $0.83 and a 200-day moving average of $1.25.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp acquired a new position in Triller Group in the 1st quarter valued at $872,000. Goldman Sachs Group Inc. raised its holdings in Triller Group by 358.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 527,859 shares of the company's stock valued at $412,000 after acquiring an additional 412,758 shares during the last quarter. OMERS ADMINISTRATION Corp raised its holdings in Triller Group by 469.9% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 246,200 shares of the company's stock valued at $192,000 after acquiring an additional 203,000 shares during the last quarter. XTX Topco Ltd acquired a new position in Triller Group in the 1st quarter valued at $92,000. Finally, Millennium Management LLC acquired a new position in Triller Group in the 4th quarter valued at $171,000. 0.04% of the stock is currently owned by institutional investors and hedge funds.

About Triller Group

Triller Group, Inc engages in the provision of an artificial intelligence-powered, social media and live-streaming event platform for creators. It uses proprietary AI technology to push and track content virtually to affiliated and non-affiliated sites and networks. The company is headquartered in Los Angeles, CA.