Wall Street Zen Downgrades TNL Mediagene (NASDAQ:TNMG) to Sell

TNL Mediagene (NASDAQ:TNMG) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Other analysts also recently issued research reports about the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of TNL Mediagene in a research report on Thursday, December 18th. Benchmark boosted their target price on shares of TNL Mediagene to $14.00 and gave the stock a “speculative buy” rating in a research report on Thursday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.00.

TNL Mediagene Trading Up 65.7%

Shares of TNL Mediagene stock opened at $3.91 on Friday. TNL Mediagene has a 52 week low of $1.94 and a 52 week high of $120.00. The stock has a 50 day moving average price of $4.46 and a two-hundred day moving average price of $6.58. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.38 and a quick ratio of 0.38.

About TNL Mediagene

TNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan. The company was founded on May 25, 2023 and is headquartered in Taipei, Taiwan.