Classover (NASDAQ:KIDZ) Shares to Reverse Split on Monday, June 8th

Classover Holdings, Inc. (NASDAQ:KIDZ)’s stock is going to reverse split before the market opens on Monday, June 8th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, June 7th.

Classover Stock Performance

KIDZ stock traded down $0.08 on Thursday, reaching $0.27. The company’s stock had a trading volume of 3,804,783 shares, compared to its average volume of 4,810,392. The firm has a fifty day moving average of $1.36 and a two-hundred day moving average of $6.92. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market capitalization of $2.15 million, a P/E ratio of -0.04 and a beta of -0.84. Classover has a 52 week low of $0.24 and a 52 week high of $232.78.

Classover (NASDAQ:KIDZ) last issued its quarterly earnings results on Friday, May 15th. The company reported ($365,637.00) earnings per share (EPS) for the quarter. The firm had revenue of $0.52 million for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%.

Wall Street Analyst Weigh In

KIDZ has been the topic of a number of recent research reports. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 11th. Weiss Ratings cut shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Classover currently has a consensus rating of “Sell”.

Institutional Trading of Classover

An institutional investor recently bought a new position in Classover stock. Harraden Circle Investments LLC bought a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 241,621 shares of the company’s stock, valued at approximately $292,000. Harraden Circle Investments LLC owned about 1.02% of Classover as of its most recent SEC filing. Hedge funds and other institutional investors own 74.70% of the company’s stock.

About Classover

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.