TEN (NASDAQ:XHLD) Posts Earnings Results

TEN (NASDAQ:XHLD) posted its quarterly earnings data on Friday. The company reported ($0.33) earnings per share (EPS) for the quarter, FiscalAI reports. TEN had a negative return on equity of 440.98% and a negative net margin of 627.50%. The business had revenue of $0.64 million for the quarter.

TEN Stock Performance

XHLD opened at $0.58 on Friday. TEN has a 1 year low of $0.38 and a 1 year high of $15.43. The company’s 50 day simple moving average is $4.52 and its 200 day simple moving average is $2.71. The stock has a market capitalization of $6.97 million, a PE ratio of -0.20 and a beta of 6.11.

Analyst Ratings Changes

XHLD has been the subject of several analyst reports. Wall Street Zen upgraded TEN to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings upgraded TEN from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, TEN currently has an average rating of “Sell”.

TEN Company Profile

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.