After grabbing 44656.0 shares, the institutional investor is now in possession of 44656.0 shares of the Communication Services Company. The new investment brought the stake of investor firm to 0.68% having worth around $40682.0. Moreover, Two Sigma Investments LP increased its share by 17934.0 to have a control over 17934.0 shares.
Color Star Technology Co. Ltd. (ADD) concluded trading on 01/18/23 at a closing price of $1.35, with 0.26 million shares of worth about $0.35 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -75.66% during that period and on Wednesday the price saw a gain of about 4.21%. Currently the company’s common shares owned by public are about 6.54M shares, out of which, 5.76M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the ADD stock and their offered price forecasts bring an average price target of $4800.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $4800.00 and could fall to a lowest price of $4800.00. However, touching the estimated high of $4800.00 would mean a gain of 99.97% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
The company recently came buying 0.0 shares which brought its stake up to 0.02% of the company’s outstanding shares. Base Investments Sicav – Sempione sold 2000.0 shares, after which its hold over company’s outstanding shares shrunk to 0.00%, leaving 0.0 shares with the mutual fund that have a worth of about $0.0.
Color Star Technology Co. Ltd. (NASDAQ: ADD) started trading at $1.35, above $0.05 from concluding price of the previous day. However, the stock later moved at a day high price of 1.4300, or with a gain of 4.21%. Stock saw a price change of 23.09% in past 5 days and over the past one month there was a price change of 82.38%. Year-to-date (YTD), ADD shares are showing a performance of 48.72% which decreased to -92.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.65 but also hit the highest price of $35.92 during that period. The average intraday trading volume for Color Star Technology Co. Ltd. shares is 172.71K. The stock is currently trading 43.99% above its 20-day simple moving average (SMA20), while that difference is up 51.25% for SMA50 and it goes to -62.68% lower than SMA200.
Renaissance Technologies LLC acquired 44656.0 shares of Color Star Technology Co. Ltd. having value of about $40682.0. Color Star Technology Co. Ltd. (NASDAQ: ADD) currently have 6.54M outstanding shares and institutions hold larger chunk of about 1.00% of that. Holding of mutual funds in the company is about 0.02% while other institutional holders and individual stake holders have control over 0.94% and — of the stake respectively.
The stock has a current market capitalization of $8.40M and its 3Y-monthly beta is at 2.23. It has posted earnings per share of -$17.21 in the same period. It has a debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ADD, volatility over the week remained 11.10% while standing at 12.33% over the month.
Stock’s fiscal year EPS is expected to drop by -251.40%. EPS is likely to shrink at an annualized rate of 20.00% for next 5-years, compared to annual growth of 36.60% made by the stock over the past 5-years.
Analysts at 1 brokerage firms have issued recommendations for the Color Star Technology Co. Ltd. (ADD)’s stock out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.