Seven Stars Cloud Group (NASDAQ:SSC) Posts Quarterly Earnings Results

Seven Stars Cloud Group (NASDAQ:SSC) issued its quarterly earnings data on Tuesday, May 15th. The technology company reported ($0.06) EPS for the quarter, reports. Seven Stars Cloud Group had a negative return on equity of 61.48% and a negative net margin of 5.43%. The company had revenue of $185.93 million during the quarter.

Shares of SSC opened at $2.53 on Thursday. Seven Stars Cloud Group has a one year low of $1.26 and a one year high of $7.00.

Separately, BidaskClub lowered shares of Seven Stars Cloud Group from a “hold” rating to a “sell” rating in a report on Saturday, January 27th.

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

Seven Stars Cloud Group Company Profile

Seven Stars Cloud Group, Inc operates as an Artificial-Intelligent (AI) and Blockchain-powered Fintech company in the People's Republic of China. The company provides asset owners and holders a method and platform for digital asset securitization, tokenization, and trading through managing and providing an infrastructure and environment that facilitates the transformation of traditional financial markets, such as commodities, currency, and credit into the asset digitalization.

Earnings History for Seven Stars Cloud Group (NASDAQ:SSC)

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