Baosheng Media Group (NASDAQ:BAOS) Announces Quarterly Earnings Results

Baosheng Media Group (NASDAQ:BAOS) posted 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 Stock Performance

BAOS stock traded down $0.01 during midday trading on Friday, hitting $0.18. 1,845,069 shares of the company’s stock were exchanged, compared to its average volume of 403,937. Baosheng Media Group has a one year low of $0.16 and a one year high of $3.82. The stock’s fifty day moving average price is $0.34 and its 200-day moving average price is $1.71.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Baosheng Media Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 8th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Baosheng Media Group presently has an average 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.