Is Color Star Technology a Good Entertainment Stock to Buy?

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The stock has gained 17.8% in price over the past month to close yesterday’s trading session at $0.65. However, the stock could lose its listing in Nasdaq if it continues to trade below $1.

CSCW stock has declined 21.8% in price over the past three months and 48.6% over the past six months and is currently trading 75.5% below its 52-week high of $2.67, which it hit on March 30, 2021. In addition, it is currently trading below its 50-day and 200-day moving averages of $0.68 and $0.92, respectively, indicating that it is in a downtrend.

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