QuantaSing Group (NASDAQ:QSG) Shares Down 1.3% – Here’s What Happened

QuantaSing Group Limited Unsponsored ADR (NASDAQ:QSG – Get Free Report) dropped 1.3% during mid-day trading on Wednesday. The company traded as low as $1.4108 and last traded at $1.4108. Approximately 3,783 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 874,682 shares. The stock had previously closed at $1.43.

QuantaSing Group Stock Up 10.9%

The business has a 50-day moving average price of $1.73 and a 200-day moving average price of $2.79. The company has a market capitalization of $78.35 million, a price-to-earnings ratio of 1.70 and a beta of -0.98.

QuantaSing Group Company Profile

(Get Free Report)

QuantaSing Group Limited is a China-based online learning services provider. The company uses digital platforms, including mobile applications and online content, to deliver education and training programs to adult learners.

Its offerings generally cover personal-interest subjects, professional and vocational development, and financial literacy. Personal-interest courses may address areas such as health, lifestyle, arts and other hobbies, while professional and financial programs are designed to help users develop practical knowledge and skills.

QuantaSing was founded in 2019 and is headquartered in Beijing, China.

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