Glory Star New Media Group Holdings Ltd. (GSMG)

NASDAQ: GSMG · IEX Real-Time Price · USD
0.695
-0.025 (-3.44%)
At close: May 16, 2022 3:55 PM
0.700
0.005 (0.690%)
After-hours:May 16, 2022 4:00 PM EDT
Market Cap47.36M
Revenue (ttm)153.01M
Net Income (ttm)35.29M
Shares Out68.12M
EPS (ttm)0.54
PE Ratio1.29
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume63,283
Open0.720
Previous Close0.720
Day's Range0.681 - 0.740
52-Week Range0.650 - 3.900
Beta-2.63
AnalystsBuy
Price Target7.65 (+1,000.4%)
Earnings DateJun 14, 2022

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; ...

IndustryAdvertising Agencies
Founded2016
Employees162
Stock ExchangeNASDAQ
Ticker SymbolGSMG
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 1,000.40% from the latest price.

Price Target
$7.65
(1,000.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 compan...

1 month 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 compan...

1 month 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 compan...

2 months 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 company ...

2 months 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 company...

2 months 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 c...

4 months 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 c...

5 months 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 c...

5 months ago - PRNewsWire

Glory Star Announces Update to the Metaverse Experience Center and Upgrades to the CHEERS Video Platform to Accelerat...

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 co...

5 months 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 c...

5 months 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 company ...

6 months 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 i...

6 months ago - PRNewsWire

Glory Star Makes Strong Progress Implementing its Metaverse Retail Strategy as its CheerChat App Enters Next Phase of...

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 company ...

7 months 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 com...

7 months 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 company...

7 months 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.  The...

8 months ago - Benzinga

Glory Star Acquires Business License and Permit for Cross-Border E-Commerce, Plans to Expand CHEERS e-Mall Platform S...

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 company...

8 months 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 company ...

8 months ago - PRNewsWire

Glory Star Launches Self-Developed CheerCar App as Part of the First Cooperative Applications on Tencent Auto Intelli...

BEIJING, Sept. 2, 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 ...

8 months ago - PRNewsWire

Glory Star Completes First Tranche Pursuant to An Agreement to Purchase up to $10 Million in Ordinary Shares and Warr...

BEIJING, Sept. 1, 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 ...

8 months ago - PRNewsWire

Top Reddit Penny Stocks to Watch in September 2021

Are these 3 Reddit penny stocks on your watchlist right now? The post Top Reddit Penny Stocks to Watch in September 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks....

Other symbols:CEILPCN
8 months ago - PennyStocks

GSMG Stock: Why Penny Stock Glory Star New Media Is Going Gangbusters Today

Glory Star New Media (GSMG) stock is after the Chinese digital media company announced a new stock subscription agreement. The post GSMG Stock: Why Penny Stock Glory Star New Media Is Going Gangbusters ...

8 months ago - InvestorPlace

Glory Star Announces Subscription Agreement to Purchase Up to $10,000,000 in Ordinary Shares and Warrants at a Fixed ...

BEIJING, Aug. 26, 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 ...

8 months ago - PRNewsWire

Glory Star Expected to Further Increase Profitability

Beijing, China--(Newsfile Corp. - August 20, 2021) - Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a NASDAQ-listed digital media platform and content-driven...

8 months ago - Newsfile Corp

Glory Star Reports First Half Year 2021 Unaudited Financial Results

BEIJING, Aug. 19, 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 ...

8 months ago - PRNewsWire