Glory Star New Media Group Holdings Limited (GSMG)

NASDAQ: GSMG · IEX Real-Time Price · USD
0.725
-0.022 (-2.97%)
At close: Mar 21, 2023, 4:00 PM
0.750
+0.025 (3.45%)
After-hours: Mar 21, 2023, 5:18 PM EDT
-2.97%
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]

Founded 2016
Employees 162
Stock Exchange NASDAQ
Ticker Symbol GSMG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$7.65
(955.17% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - Benzinga

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire