Thumzup Media (NASDAQ:TZUP) Stock Price Down 1.8% – What’s Next?

Thumzup Media Co. (NASDAQ:TZUP)’s share price dropped 1.8% during mid-day trading on Friday . The company traded as low as $3.97 and last traded at $4.45. Approximately 74,633 shares traded hands during trading, a decline of 36% from the average daily volume of 116,885 shares. The stock had previously closed at $4.53.

Thumzup Media Stock Performance

The stock has a 50-day moving average price of $3.43. The stock has a market cap of $41.95 million and a PE ratio of -8.90.

Thumzup Media (NASDAQ:TZUP) last issued its quarterly earnings data on Tuesday, March 11th. The company reported ($0.33) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Thumzup Media

A hedge fund recently bought a new stake in Thumzup Media stock. Geode Capital Management LLC purchased a new position in Thumzup Media Co. (NASDAQ:TZUP) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 23,413 shares of the company’s stock, valued at approximately $80,000. Geode Capital Management LLC owned 0.25% of Thumzup Media at the end of the most recent quarter.

About Thumzup Media

Thumzup Media Corporation is a provider of social media branding and marketing solutions which allow businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media. Thumzup Media Corporation is based in Los Angeles, CA.