Equities researchers at Stifel Nicolaus assumed coverage on shares of Gridsum Holding Inc – (NASDAQ:GSUM) in a research note issued on Tuesday, The Fly reports. The firm set a “buy” rating on the stock.
Separately, Goldman Sachs Group Inc. started coverage on Gridsum Holding Inc – in a report on Tuesday. They set a “buy” rating for the company.
Shares of Gridsum Holding Inc – (NASDAQ:GSUM) opened at 16.42 on Tuesday. The stock’s 50 day moving average price is $16.82 and its 200-day moving average price is $16.82. Gridsum Holding Inc – has a 1-year low of $15.25 and a 1-year high of $18.29. The company’s market capitalization is $164.20 million.