Color Star Technology Co., Ltd.

NASDAQ:ADD

$3.84 USD

-$0.1 (-2.54%)

Volume
29.43K
Average Volume
39.6K
Market Capitalization
$6.92M
P/E Ratio
-2.77
Dividend Yield
0.00%
Price Target
$
Year High
$185.00
Year Low
$3.55
Payout Ratio
$0.00
Current Ratio
$1.16

Industry, Sector & symbol

Stock Exchange NASDAQ Capital Market
CEO Mr. Louis Luo
Industry Entertainment
Sector Communication Services
Current Symbol ADD
CUSIP None
CIK 0001747661
Web https://colorstarinternational.com
Phone 929 317 2699
Currency USD
Employees 47
Country US

Liquidity

Debt-to-Equity Ratio 0.05
Payout Ratio 0.00
Current Ratio 1.16
Quick Ratio 1.16
Cash Ratio 0.00

Sales & Book Value

Annual Sales $2.83M
Price / Sales 6.53
Cash Flow -0.13
Price / Cash Flow -2.13
Price / Book 5.08

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Strong Sell
Rating Score(0-5) 1
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-0.71
Trailing P/E Ratio -2.77
PEG Ratio -0.03
P/E Growth -0.03
Net Income $-26.86M
Net Margin -3202.48%
Pretax Margin -3202.48%
Return on Equity -154.42%
Return on Assets -123.08%

Financials Score

AltmanZ Score -14.71
Piotroski Score 2.00
Working Capital 1.42M
Total Assets 27.59M
Ebit -37.65M
Market Cap 6.92M
Total Liabilities 9.07M

Poll Results

About Color Star Technology Co., Ltd. (NASDAQ:ADD) Stock

Color Star Technology Co., Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services. The company was formerly known as Huitao Technology Co., Ltd. and changed its name to Color Star Technology Co., Ltd. in May 2020. The company was founded in 2002 and is based in New York, New York. ...

Color Star Technology Received Nasdaq Notification Letter Regarding Bid Price Deficiency

2024-11-20 16:05:00

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announced today that on November 14, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).

Color Star Technology Announces 100-for-1 Reverse Share Split

2024-11-13 09:00:00

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announced today that it will effect a 100-for-1 reverse share split of its Class A and Class B ordinary shares. The Company anticipates that the reverse share split will be effective upon the commencement of trading on the Nasdaq Capital Market on November 15, 2024 (U.S. Eastern Time).

Color Star Technology Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

2024-10-01 09:00:00

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) --  Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announced today that it received a formal notification from the Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company's ordinary shares to maintain a minimum bid price of $1.00 per share.

Color Star Technology Announces Pricing of Initial $7.0 Million Tranche of up to $33.0 Million Registered Senior Secured Convertible Notes

2024-09-27 09:00:00

NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, today announced it has entered into securities purchase agreements with certain institutional investors (the “Investors”) to purchase senior secured convertible notes in the aggregate principal amount of $7.6 million (the “First Closing”), having an original issue discount of 8% and a maturity of twelve months from issuance, resulting in net proceeds to the Company of approximately $7,000,000 (the “Convertible Notes”). The Convertible Notes will bear an interest rate of 6.0% per annum and will be convertible 45 days after the date of the First Closing, subject to certain conditions, into Class A Ordinary Shares of the Company (the “Ordinary Shares”) at an initial conversion price equal to the lower of $1.60, or the Alternative Conversion Price, as set forth in the Convertible Notes. This First Closing is expected to occur on or about September 30, 2024, subject to the satisfaction of customary closing conditions.

Color Star Enters Into a Strategic Cooperation Agreement with Zero2one Consultancy Ltd. to Join Forces and Invest in UK Education Market

2024-09-09 08:30:00

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that it has signed a non-binding framework strategic cooperation agreement with Zero2one Consultancy Ltd. (“Zero2one”), an investment company in the United Kingdom. This agreement creates a framework of planned operations and marks the commencement of the cooperation between the two parties in jointly promoting the innovative development of education, culture and sports undertakings in the United Kingdom.

Frequently Asked Questions

What is the current Color Star Technology Co., Ltd. (ADD) stock price?

Color Star Technology Co., Ltd.(NASDAQ:ADD) stock price is $3.84 in the last trading session. During the trading session, ADD stock reached the peak price of $185.0 while $3.55 was the lowest point it dropped to. The percentage change in ADD stock occurred in the recent session was --2.54% while the dollar amount for the price change in ADD stock was -$-0.1.

ADD's industry and sector of operation?

The NASDAQ listed ADD is part of Entertainment industry that operates in the broader Communication Services sector.

Who are the executives of ADD?

Mr. Yang Liu | Vice President of Technology
Mr. Yanwei He | Finance Controller
Ms. Lili Jiang | Chief Financial Officer
Mr. Louis Luo | Chief Executive Officer & Director
Jiaqing Wang | Director of Corporate Administration & Human Resources

How many employees does ADD have?

Number of ADD employees currently stands at 47. ADD operates from 7 World Trade Center, New York, NY 10022, US.

Link for ADD official website?

Official Website of ADD is: https://colorstarinternational.com

How do I contact ADD?

ADD could be contacted at phone #929 317 2699 and can also be accessed through its website. ADD operates from 7 World Trade Center, New York, NY 10022, US.

How many shares of ADD are traded daily?

The average number of ADD shares traded daily for last 3 months was 39.6K.

What is the market cap of ADD currently?

The market value of ADD currently stands at $6.92M with its latest stock price at $3.84