2U (NASDAQ:TWOU) Research Coverage Started at StockNews.com

Research analysts at StockNews.com began coverage on shares of 2U (NASDAQ:TWOU) in a note issued to investors on Sunday. The firm set a “hold” rating on the software maker’s stock.

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of 2U in a research report on Friday, July 26th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat, 2U has a consensus rating of “Hold” and an average price target of $54.00.

2U Trading Down 2.5 %

NASDAQ:TWOU opened at $0.34 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 5.33. 2U has a 12 month low of $1.05 and a 12 month high of $135.60. The company has a market cap of $956,663.90, a PE ratio of 0.00 and a beta of 0.81. The company has a 50 day simple moving average of $2.75 and a two-hundred day simple moving average of $7.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TWOU. Los Angeles Capital Management LLC lifted its stake in shares of 2U by 65.6% during the 4th quarter. Los Angeles Capital Management LLC now owns 356,261 shares of the software maker’s stock valued at $438,000 after buying an additional 141,119 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of 2U by 49.0% during the 4th quarter. BNP Paribas Financial Markets now owns 1,331,482 shares of the software maker’s stock valued at $1,638,000 after buying an additional 438,007 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in shares of 2U during the 4th quarter valued at $399,000. Price T Rowe Associates Inc. MD lifted its stake in shares of 2U by 232.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 361,725 shares of the software maker’s stock valued at $141,000 after buying an additional 252,800 shares in the last quarter. Finally, Keynote Financial Services LLC purchased a new position in shares of 2U during the 1st quarter valued at $69,000. Hedge funds and other institutional investors own 80.53% of the company’s stock.

2U Company Profile

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.