Wangdao Technology (EDTK, Financial) experienced a significant stock decline of 8.07%. The stock is now priced at $0.903 per share with a trading volume of 2,272 shares and a turnover rate of 0.01%. The stock's amplitude stands at 5.94%.
According to recent financial statements, EDTK reported a revenue of $2.00 million and a net loss of $4.72 million. The earnings per share are at a loss of $0.31, with a gross profit of $116,445. The price-to-earnings ratio is negative at -3.02, indicating financial difficulties. Currently, there are no institutional ratings suggesting a buy, hold, or sell recommendation for this stock.
Within the education services industry, where Wangdao Technology belongs, there is an overall increase of 0.18%. Other significant gainers in the sector include Jintian Health Technology, Chegg, Inc., and Visionary Holdings Inc. Noteworthy activity is observed in stocks such as Jintian Health Technology, Likshun Education, and Chegg, Inc., with turnover rates of 2.01%, 1.49%, and 1.26% respectively. Stocks with considerable amplitude include Visionary Holdings Inc., Jianzhijia Education, and Likshun Education, showing amplitudes of 11.67%, 11.23%, and 10.64% respectively.
Wangdao Technology, headquartered in Wuxi, China, specializes in providing online education and technical services. The company offers online vocational training and virtual simulation experiments, covering subjects such as mechanics, electronics, automobile repair, and construction, with the majority of its revenue generated within China.
