Weiss Ratings Reiterates "Sell (D)" Rating for SEMrush (NYSE:SEMR)

Key Points

• Weiss Ratings has reiterated its "Sell (D)" rating for SEMrush (NYSE: SEMR), highlighting ongoing concerns about the stock's performance.
• Other analysts have mixed opinions, with Zacks raising SEMrush from a "strong sell" to a "hold" rating, while Wall Street Zen downgraded it from "buy" to "hold."
• SEMrush's stock has seen fluctuations, currently trading at $7.36, with a one-year low of $6.97 and a high of $18.74.

SEMrush (NYSE:SEMR - Get Free Report)'s stock had its "sell (d)" rating reiterated by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Other equities research analysts have also recently issued reports about the stock. Zacks Research raised shares of SEMrush from a "strong sell" rating to a "hold" rating in a research report on Monday. Wall Street Zen cut shares of SEMrush from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce".

SEMrush Trading Up 1.5%

SEMR traded up $0.11 during trading on Wednesday, hitting $7.36. The company had a trading volume of 991,816 shares, compared to its average volume of 1,249,028. SEMrush has a one year low of $6.97 and a one year high of $18.74. The stock has a 50-day moving average of $7.53.

About SEMrush

Semrush Holdings, Inc develops an online visibility management software-as-a-service platform worldwide. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns.

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