Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Touchpoint Group Holdings, Inc. (TGHI) operates as a software development firm, with its presence extending across the United States, Hong Kong, China, and the United Kingdom. The company specializes in the creation, design, integration, support, and maintenance of a comprehensive fan engagement platform. This platform is engineered to both elevate the fan experience and stimulate commercial growth within the sports and entertainment industries. It fosters deeper connections for users, enabling them to interact directly with their favorite clubs, players, fellow enthusiasts, and relevant brands. Key features include live streaming capabilities, exclusive access to limited-edition merchandise, interactive gamification, loyalty rewards, special third-party branded promotions, and bespoke credit card benefits. Established in 1972 and headquartered in Miami, Florida, the company adopted its current name, Touchpoint Group Holdings, Inc., in September 2019, having previously been known as One Horizon Group, Inc.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.