Sound Group Inc ADR [NASDAQ: SOGP] price plunged by -16.83 percent to reach at -$0.51.
The one-year SOGP stock forecast points to a potential upside of 81.67. The average equity rating for SOGP stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Sound Group Inc ADR [SOGP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOGP shares is $13.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOGP stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Sound Group Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 18, 2020. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on February 11, 2020, representing the official price target for Sound Group Inc ADR stock.
SOGP Stock Performance Analysis:
Sound Group Inc ADR [SOGP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 50.00. With this latest performance, SOGP shares gained by 97.80% in over the last four-week period, additionally plugging by 38.45% over the last 6 months – not to mention a rise of 17.21% in the past year of trading.
Sound Group Inc ADR [SOGP] Institutonal Ownership Details
There are presently around $4.57%, or 4.57%% of SOGP stock, in the hands of institutional investors.
