In yesterday’s Wall Street session, Color Star Technology Co. Ltd. (NASDAQ:ADD) shares traded at $2.28, down -1.72% from the previous session.
As of this writing, 1 analysts cover Color Star Technology Co. Ltd. (NASDAQ:ADD). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $4800.00 and a low of $4800.00, we find $4800.00. Given the previous closing price of $2.32, this indicates a potential upside of 206796.55 percent. ADD stock price is now 59.40% away from the 50-day moving average and -19.25% away from the 200-day moving average. The market capitalization of the company currently stands at $21.16M.
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There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $4800.00 as their price target over the next twelve months.
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A total of 8.16% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ADD stock. A new stake in Color Star Technology Co. Ltd. shares was purchased by VIRTU FINANCIAL LLC during the first quarter worth $52,000. GOLDMAN SACHS GROUP INC invested $46,000 in shares of ADD during the first quarter. In the first quarter, JANE STREET GROUP, LLC acquired a new stake in Color Star Technology Co. Ltd. valued at approximately $36,000. MILLENNIUM MANAGEMENT LLC acquired a new stake in ADD for approximately $33,000. UBS GROUP AG purchased a new stake in ADD valued at around $22,000 in the second quarter. In total, there are 5 active investors with 1.00% ownership of the company’s stock.
Wednesday morning saw Color Star Technology Co. Ltd. (NASDAQ: ADD) opened at $2.3500. During the past 12 months, Color Star Technology Co. Ltd. has had a low of $0.65 and a high of $11.00. The fifty day moving average price for ADD is $1.4600 and a two-hundred day moving average price translates $2.8029 for the stock.
The latest earnings results from Color Star Technology Co. Ltd. (NASDAQ: ADD) was released for Jun, 2022.
Color Star Technology Co. Ltd.(ADD) Company Profile
Color Star Technology Co., Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services. The company was formerly known as Huitao Technology Co., Ltd. and changed its name to Color Star Technology Co., Ltd. in May 2020. The company was founded in 2002 and is based in New York, New York.
