QuantaSing Group (NASDAQ:QSG) Trading 1.8% Higher

QuantaSing Group Limited (NASDAQ:QSG)’s share price shot up 1.8% on Wednesday . The company traded as high as $3.50 and last traded at $3.37. 56,859 shares were traded during trading, a decline of 78% from the average session volume of 255,512 shares. The stock had previously closed at $3.31.

QuantaSing Group Stock Up 1.8 %

The stock’s fifty day moving average price is $3.49 and its two-hundred day moving average price is $2.80. The company has a market capitalization of $190.37 million, a PE ratio of 7.49 and a beta of 0.71.

QuantaSing Group (NASDAQ:QSG) last posted its earnings results on Thursday, March 7th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.16. The company had revenue of $138.11 million during the quarter, compared to analyst estimates of $132.07 million. QuantaSing Group had a net margin of 5.78% and a return on equity of 83.40%. During the same period in the prior year, the business posted ($0.45) earnings per share. On average, equities research analysts forecast that QuantaSing Group Limited will post 0.75 EPS for the current year.

QuantaSing Group Company Profile

QuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, and meditation courses. It also offers marketing and enterprise talent management services to enterprise customers.