Baosheng Media Group (NASDAQ:BAOS) Issues Earnings Results

Baosheng Media Group (NASDAQ:BAOS) released its quarterly earnings data on Friday. The company reported ($1.95) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.03 million for the quarter.

Baosheng Media Group Price Performance

Shares of BAOS stock opened at $0.18 on Friday. The stock’s 50 day simple moving average is $0.34 and its 200 day simple moving average is $1.71. Baosheng Media Group has a twelve month low of $0.16 and a twelve month high of $3.82.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Baosheng Media Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, September 8th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About Baosheng Media Group

Baosheng Media Group Limited is a China-based integrated marketing service provider. Through its operating subsidiaries, the company offers advertising and marketing solutions designed to help businesses promote their brands, products and services through digital media channels.

Its services include marketing strategy and planning, media placement, campaign execution and performance monitoring. Baosheng Media works with advertisers and media platforms to develop and manage online advertising campaigns, with services intended to support customer acquisition, brand awareness and engagement.

The company primarily serves advertisers and businesses in China.