TryHard (NASDAQ:THH) Shares Gap Down – Here’s Why

Shares of TryHard Holdings Limited (NASDAQ:THH) gapped down prior to trading on Monday . The stock had previously closed at $15.39, but opened at $14.92. TryHard shares last traded at $16.13, with a volume of 1,693 shares trading hands.

Analysts Set New Price Targets

A number of research analysts have issued reports on THH shares. Wall Street Zen raised TryHard to a “hold” rating in a report on Thursday, September 18th. Weiss Ratings reiterated a “sell (e-)” rating on shares of TryHard in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

TryHard Stock Up 13.3%

The company has a fifty day simple moving average of $10.67.

Institutional Investors Weigh In On TryHard

An institutional investor recently bought a new position in TryHard stock. Citadel Advisors LLC bought a new position in TryHard Holdings Limited (NASDAQ:THH) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned about 0.17% of TryHard at the end of the most recent quarter.

TryHard Company Profile

As a lifestyle entertainment company in Japan, we aim to be on the cutting edge of the entertainment industry by introducing state-of-art technology, immersive storytelling, and bespoke experiences that are multi-sensory. Our mission is to create unique entertainment experiences that captivate audiences, foster memorable connections, and leave a lasting impact. Our principal businesses comprise (i) event curation, (ii) consultancy and management services; (iii) sub-leasing of entertainment venues; and (iv) ownership and operation of restaurants.