Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Color Star Technology Co. Ltd. Market Cap
The Color Star Technology Co. Ltd. (ADD) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered ADD. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for ADD is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned ADD 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Color Star Technology Co. Ltd. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ADD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ADD.
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Date |
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When did it IPO
N/A
Staff Count
47
Country
United States
Sector/Industry
Communication Services/Entertainment
CEO
Mr. Louis Luo
Market Cap
$51.4M
In 2023, ADD generated $0 in revenue, which was a decrease of -100.00% from the previous year. This can be seen as a signal that ADD's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Color Star Technology Co., Ltd. will issue $7.6 million in senior secured convertible notes to institutional investors, with a 6% interest rate and a 12-month maturity. Closing expected by Sept 30, 2024.
Why It Matters - Color Star's issuance of $7.6 million in convertible notes indicates a strategy to raise capital, potentially diluting shares. The terms suggest investor confidence but carry risks related to conversion and debt repayment.
Mon, 09 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Color Star Technology Co. (Nasdaq: ADD) signed a non-binding strategic cooperation agreement with UK-based Zero2one Consultancy to enhance education, culture, and sports initiatives in the UK.
Why It Matters - The strategic cooperation with Zero2one signals potential growth in Color Star's market presence and diversification into education and culture sectors, possibly boosting investor confidence and stock performance.
Tue, 03 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Color Star Technology Co., Ltd. appointed Ren Pelosi as vice president, effective September 1, 2024. Pelosi brings expertise in finance and strategy to the company.
Why It Matters - The appointment of a finance and strategy expert signals potential for improved financial management and strategic direction, likely enhancing investor confidence and company performance.
Thu, 08 Aug 2024
Sentiment - POSITIVE
Source - 24/7 Wall Street
Summary - Premarket trading is gaining attention among investors, indicating interest in market movements before the official opening.
Why It Matters - Premarket trading can indicate market sentiment and price movements before the official market opens, influencing investment decisions and strategies.
Thu, 16 Nov 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Color Star Technology Co., Ltd. (Nasdaq: ADD) has been notified by Nasdaq that its Class A shares have fallen below the $1.00 minimum bid price requirement for 30 consecutive business days.
Why It Matters - Color Star Technology's failure to maintain a minimum bid price of $1.00 risks delisting from Nasdaq, potentially impacting its stock liquidity and investor confidence.
Wed, 18 Oct 2023
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Color Star Technology Co., Ltd. (Nasdaq: ADD) plans to release its first digital music album, "Color World," featuring its AI virtual band in November 2023.
Why It Matters - Color Star's launch of a digital music album by its AI virtual band may enhance its market presence, attract new users, and drive revenue growth, influencing stock performance and investor interest.
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