EDTK Stock Surges Over 5% Amid Market Volatility

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2 days ago

Wangdao Technology (EDTK, Financial) experienced a significant stock price increase of 5.36%. The stock is currently priced at $1.18 per share with a trading volume of 5,451 shares, a turnover rate of 0.03%, and a price fluctuation of 7.14%.

Recent financial reports indicate that Wangdao Technology reported revenue of $2.00 million, a net loss of $4.72 million, and earnings per share of -$0.31. The gross profit stood at $116,445, with a price-to-earnings ratio of -3.71. Currently, no institutional ratings are available for the stock, meaning there are no buy, hold, or sell recommendations.

Within the education services sector, where Wangdao Technology operates, the overall decline was 1.74%. However, stocks like Chegg, Inc., Wangdao Technology, and Stride saw notable gains. Other active stocks in the sector included Genius Group Limited, Huaxia Boya, and Stride, with turnover rates of 6.10%, 2.69%, and 2.17%, respectively. Stocks with significant price swings included Ambow Education, 51Talk, and Chegg, Inc., with fluctuations of 14.49%, 11.72%, and 11.36%.

Wangdao Technology, based in Wuxi, China, provides online education and technology services, including online vocational training and virtual simulation training. Its offerings span various disciplines such as mechanics, electronics, automotive repair, and construction, with most revenue generated from China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.