Glory Star New Media Group Holdings Limited (GSMG)
Market Cap | 49.39M |
Revenue (ttm) | 151.05M |
Net Income (ttm) | 29.19M |
Shares Out | 68.12M |
EPS (ttm) | 0.43 |
PE Ratio | 1.78 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 39,031 |
Open | 0.760 |
Previous Close | 0.747 |
Day's Range | 0.720 - 0.760 |
52-Week Range | 0.570 - 1.540 |
Beta | -1.03 |
Analysts | Buy |
Price Target | 7.65 (+955.17%) |
Earnings Date | Mar 21, 2023 |
About GSMG
Glory Star New Media Group Holdings Limited, through its subsidiaries, provides advertisement and content production services in the People's Republic of China. The company also engages in mobile and online digital advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an e-commerce platform that allows users to access online store, live streaming, series TV shows, and online games, as well as online short videos, variety shows, and dramas. It is also developing CheerCar App, an interactive entertainment app; ... [Read more]
Financial Performance
In 2021, GSMG's revenue was $153.01 million, an increase of 23.63% compared to the previous year's $123.76 million. Earnings were $35.29 million, a decrease of -27.97%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for GSMG stock is "Buy." The 12-month stock price forecast is $7.65, which is an increase of 955.17% from the latest price.
News

Glory Star Announces Shareholders' Approval of Merger Agreement
BEIJING , Oct. 27, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce comp...

Glory Star Announces General Meeting of Shareholders
BEIJING , Sept. 22, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce comp...

Glory Star Launches Its Digital Collection NFT App CheerReal
BEIJING , Sept. 14, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star", the "Company" or "we"), a leading digital media platform and content-driven e-commerc...

Glory Star New Media Group Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
BEIJING , July 26, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compa...

Glory Star Reports First Half Year 2022 Unaudited Financial Results
BEIJING , July 22, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star", the "Company" or "we"), a leading digital media platform and content-driven e-commerce...

Glory Star Enters into a Definitive Agreement for Going-Private Transaction
BEIJING , July 11, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce comp...

Glory Star New Media Group Holdings Limited Receives Nasdaq Notice of Deficiency Regarding Minimum Bid Price Requirement
BEIJING , May 20, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compan...

Glory Star Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee
BEIJING, March 29, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce comp...

Glory Star Announces Formation of Special Committee
BEIJING, March 22, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce comp...

Glory Star Announces Receipt of Non-Binding Going Private Proposal
BEIJING, March 14, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce comp...

Glory Star Reports Full Year 2021 Financial Results
BEIJING, March 8, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compan...

Glory Star to Report Full Year 2021 Financial Results on Tuesday, March 8, 2022
BEIJING, Feb. 22, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce compa...

Glory Star Announces Results of 2021 Annual General Meeting
BEIJING, Dec. 21, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce...

Glory Star Announces New Major Shareholder
BEIJING, Dec. 16, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce...

Glory Star Provides Operational Updates
BEIJING, Dec. 15, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce...

Glory Star Announces Update to the Metaverse Experience Center and Upgrades to the CHEERS Video Platform to Accelerate User Engagement and Profitability
BEIJING, Dec. 8, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce ...

Glory Star to Build Three Metaverse Experience Centers in Beijing, Shenzhen, and New York City
BEIJING, Nov. 17, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce...

CHEERS e-Mall GMV Reaches RMB330 Million, a New Record High during the 2021 11.11 Shopping Festival
BEIJING, Nov. 15, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compan...

CHEERS Data Middle Platform Recognized as "Outstanding Example of Enterprise Digitalization in China"
BEIJING, Nov. 8, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce company...

Glory Star Makes Strong Progress Implementing its Metaverse Retail Strategy as its CheerChat App Enters Next Phase of Testing
BEIJING, Oct. 13, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compan...

Glory Star Announces Research Coverage Initiated by Essence International, With Buy Rating and US$5.80 Price Target
BEIJING, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce c...

Glory Star Launches Three New Live Streaming Shows on CHEERS e-Mall
BEIJING, Sept. 17, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compa...

Why Is This Chinese E-Commerce Company's Shares Trading Higher Today?
Chinese digital media platform and content-driven e-commerce company Glory Star New Media Group Holdings Ltd (NASDAQ: GSMG) won the license and permit to operate a cross-border e-commerce business. T...

Glory Star Acquires Business License and Permit for Cross-Border E-Commerce, Plans to Expand CHEERS e-Mall Platform Services
BEIJING, Sept. 13, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compa...

Univest Securities Publishes Updated Research Report on Glory Star and Raises Price Target to $7.50
BEIJING, Sept. 8, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce compan...