Quantasing Group Ltd (NASDAQ:HERE – Get Free Report) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 202,294 shares, a decline of 66.5% from the October 15th total of 603,373 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 14,860 shares, the short-interest ratio is currently 13.6 days.
Analysts Set New Price Targets
A number of research firms have recently issued reports on HERE. Weiss Ratings reissued a “sell (d+)” rating on shares of Quantasing Group in a research report on Friday, September 4th. Wall Street Zen upgraded Quantasing Group from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $2.50.
View Our Latest Stock Report on Quantasing Group
Quantasing Group Price Performance
NASDAQ HERE traded up $0.02 during trading on Friday, hitting $1.63. The company’s stock had a trading volume of 1,849 shares, compared to its average volume of 96,435. Quantasing Group has a fifty-two week low of $1.35 and a fifty-two week high of $5.80. The company has a market cap of $88.99 million, a PE ratio of 14.80 and a beta of -0.42. The business’s 50 day simple moving average is $1.66 and its 200-day simple moving average is $2.51.
About Quantasing Group
QuantaSing Group, formerly known as QuantaSing Group Limited, provides online learning services, primarily to adult learners in China. Its courses focus on personal interests and skills development, including subjects such as music, calligraphy and content creation. The company delivers courses through digital platforms and brands serving learners with different interests and learning needs. Its services are designed to make instruction accessible through online classes and related learning content.
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