TryHard (NASDAQ:THH) Stock Price Down 9.2% – Should You Sell?

Shares of TryHard Holdings Limited (NASDAQ:THH) dropped 9.2% on Tuesday . The company traded as low as $20.04 and last traded at $20.04. Approximately 40,617 shares traded hands during trading, a decline of 48% from the average daily volume of 77,445 shares. The stock had previously closed at $22.08.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wall Street Zen raised TryHard to a “hold” rating in a research note on Thursday, September 18th. Weiss Ratings reiterated a “sell (e-)” rating on shares of TryHard in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, TryHard presently has an average rating of “Sell”.

TryHard Stock Performance

The business’s 50-day simple moving average is $13.07.

Hedge Funds Weigh In On TryHard

A hedge fund recently bought a new stake in TryHard stock. Citadel Advisors LLC bought a new stake in shares of TryHard Holdings Limited (NASDAQ:THH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned 0.17% of TryHard at the end of the most recent quarter.

About TryHard

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.