Is Buying Stock Like Seven Stars Cloud Group, Inc. (SSC) After Such Increase Winning Strategy?

December 7, 2017 - By Stephen Andrade

The stock of Seven Stars Cloud Group, Inc. (NASDAQ:SSC) is a huge mover today! The stock increased 7.66% or $0.18 during the last trading session, reaching $2.53. About 488,409 shares traded or 2.02% up from the average. Seven Stars Cloud Group, Inc. (NASDAQ:SSC) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.
The move comes after 6 months positive chart setup for the $157.55 million company. It was reported on Dec, 7 by Barchart.com. We have $2.66 PT which if reached, will make NASDAQ:SSC worth $7.88M more.

More notable recent Seven Stars Cloud Group, Inc. (NASDAQ:SSC) news were published by: Seekingalpha.com which released: “Seven Stars Cloud buying 20% of BBD Digital Capital” on December 04, 2017, also Prnewswire.com with their article: “Seven Stars Cloud Provides Update on NextGen Exchange Group” published on August 17, 2017, Prnewswire.com published: “Seven Stars Cloud Group, Inc. to Report Q2 2017 Results and Host Investor …” on August 02, 2017. More interesting news about Seven Stars Cloud Group, Inc. (NASDAQ:SSC) were released by: Seekingalpha.com and their article: “Seven Stars Cloud’s (SSC) CEO Bing Yang on Q2 2017 Results – Earnings Call …” published on August 14, 2017 as well as Prnewswire.com‘s news article titled: “Seven Stars Cloud Group, Inc. Announces Strategic Framework Agreement with …” with publication date: July 26, 2017.

Seven Stars Cloud Group, Inc. provides cloud B2B solutions for businesses in the PeopleÂ’s Republic of China and internationally. The company has market cap of $157.55 million. The firm through its Blockchain, Artificial Intelligence, Supply Chain & Exchanges technology and Virtual Platform as a Service focuses in the areas of brand, content, and intellectual property cloud; product sales cloud; and transactional finance product cloud. It currently has negative earnings. The Company’s technology solution enables buyers and sellers to eliminate supply chain and transactional middlemen, and create a direct and margin-expanding trading path for principals.

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