Seven Stars Cloud Group (SSC) Downgraded to “Sell” at BidaskClub

BidaskClub lowered shares of Seven Stars Cloud Group (NASDAQ:SSC) from a hold rating to a sell rating in a research report released on Saturday, January 27th.

Separately, ValuEngine raised shares of Seven Stars Cloud Group from a hold rating to a buy rating in a research report on Tuesday, November 21st.

Seven Stars Cloud Group (SSC) opened at $2.95 on Friday. Seven Stars Cloud Group has a 12-month low of $1.25 and a 12-month high of $7.00. The firm has a market cap of $178.72, a PE ratio of -4.84 and a beta of 1.63.

Seven Stars Cloud Group (NASDAQ:SSC) last announced its earnings results on Monday, November 13th. The technology company reported ($0.05) EPS for the quarter. Seven Stars Cloud Group had a negative return on equity of 86.92% and a negative net margin of 22.98%. The firm had revenue of $30.22 million during the quarter.

An institutional investor recently bought a new position in Seven Stars Cloud Group stock. Bank of Montreal Can acquired a new position in Seven Stars Cloud Group Inc (NASDAQ:SSC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,516 shares of the technology company’s stock, valued at approximately $168,000. Bank of Montreal Can owned about 0.06% of Seven Stars Cloud Group at the end of the most recent quarter. 1.65% of the stock is currently owned by institutional investors and hedge funds.

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About Seven Stars Cloud Group

Seven Stars Cloud Group, Inc, formerly Wecast Network, Inc, is engaged in providing cloud-based, business to business (B2B) solutions for business landscape. The Company focuses on BASE technology and infrastructure including Blockchain, artificial intelligence, supply chain and exchanges to the virtual platform as a service (v pass).

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