Grom Social Enterprises, Inc. (NASDAQ:GROM – Get Free Report)’s stock price fell 10.4% on Tuesday . The company traded as low as $0.43 and last traded at $0.45. 152,214 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 404,950 shares. The stock had previously closed at $0.50.
Grom Social Enterprises Stock Down 2.4 %
The firm’s 50 day moving average is $0.53 and its 200-day moving average is $0.77. The firm has a market cap of $3.98 million, a PE ratio of -0.04 and a beta of 1.51.
Grom Social Enterprises (NASDAQ:GROM – Get Free Report) last issued its quarterly earnings results on Monday, May 20th. The company reported ($1.47) earnings per share for the quarter. Grom Social Enterprises had a negative net margin of 386.01% and a negative return on equity of 89.97%. The business had revenue of $0.87 million during the quarter.
Institutional Inflows and Outflows
Grom Social Enterprises Company Profile
Grom Social Enterprises, Inc, through its subsidiaries, operates as a media, technology, and entertainment company in the United States and Philippines. It operates through three segments: Animation, Original Content, and Social and Technology. The company operates a social media network for children under the age of 13 years.
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