Skillful Craftsman Education Technology (NASDAQ:EDTK) Stock Breaks Above 200-Day Moving Average – Here’s Why

by · The Cerbat Gem

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.97 and traded as high as $0.9799. Skillful Craftsman Education Technology shares last traded at $0.9799, with a volume of 25,908 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Skillful Craftsman Education Technology from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Skillful Craftsman Education Technology currently has an average rating of “Sell”.

View Our Latest Stock Analysis on EDTK

Skillful Craftsman Education Technology Price Performance

The business has a 50-day moving average of $0.95 and a 200 day moving average of $0.97.

Skillful Craftsman Education Technology (NASDAQ:EDTK – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($0.23) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

About Skillful Craftsman Education Technology

(Get Free Report)

Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education technology company focused on providing online education services in China. Through its digital education platform, the company offers vocational education and skills-training content designed to support students and other learners pursuing professional development.

The company works with educational institutions and provides online courses, learning resources and related technology services. Its platform is intended to complement traditional instruction by delivering educational content and training through digital channels.

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