Sound Group (NASDAQ:SOGP) Releases Quarterly Earnings Results

Sound Group (NASDAQ:SOGP) posted its earnings results on Tuesday. The company reported $0.01 EPS for the quarter, FiscalAI reports.

Sound Group Trading Up 2.6%

Shares of NASDAQ SOGP traded up $0.43 during trading hours on Tuesday, hitting $16.90. 982,657 shares of the company traded hands, compared to its average volume of 81,845. The stock has a market capitalization of $83.51 million, a price-to-earnings ratio of 187.39 and a beta of 2.67. The company’s 50 day moving average price is $14.01 and its 200 day moving average price is $14.55. Sound Group has a 12 month low of $1.18 and a 12 month high of $37.00.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Sound Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of Sound Group in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sound Group currently has a consensus rating of “Sell”.

Sound Group Company Profile

Sound Group Inc is a global, AI-powered audio company on a mission to help people connect better and live happier. Leveraging its voice AI technologies and deep expertise in audio interaction, Sound Group is building a diverse ecosystem of intelligent audio products that cater to a global user base. By integrating technology, innovative products, and real-world data within a user-centric ecosystem, the Company generates a powerful growth flywheel that drives continuous innovation and accelerates global expansion.