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TEN Holdings, Inc. ( (XHLD) ) has issued an update.
On May 9, 2025, John M. Orobono Jr. resigned from his roles as Secretary, Chief Financial Officer, and Director of TEN Holdings, Inc. due to personal reasons, with no disagreements on company matters. Naoaki Mashita, a director of the company and CEO of its parent company V-Cube, Inc., will serve as interim CFO while the company searches for a permanent replacement. Mashita’s extensive experience in executive roles positions him as a qualified interim leader, ensuring continuity in financial leadership during the transition.
The most recent analyst rating on (XHLD) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on TEN Holdings, Inc. stock, see the XHLD Stock Forecast page.
Spark’s Take on XHLD Stock
According to Spark, TipRanks’ AI Analyst, XHLD is a Underperform.
TEN Holdings, Inc. exhibits significant financial challenges with negative margins and high leverage, severely impacting its stock score. Technical indicators show some strength with the stock price above key moving averages, but potential overbought conditions warrant caution. The recent IPO is a positive step, providing capital that could address some financial issues, yet risks remain high.
To see Spark’s full report on XHLD stock, click here.
More about TEN Holdings, Inc.
Average Trading Volume: 8,814,213
Find detailed analytics on XHLD stock on TipRanks’ Stock Analysis page.