EpicQuest Education Group International (NASDAQ:EEIQ) Shares Down 40.3% – Time to Sell?

EpicQuest Education Group International Limited (NASDAQ:EEIQ) dropped 40.3% on Monday . The company traded as low as $0.68 and last traded at $0.74. Approximately 10,498,841 shares traded hands during trading, a decline of 4% from the average daily volume of 10,971,138 shares. The stock had previously closed at $1.24.

EpicQuest Education Group International Price Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 0.38 and a quick ratio of 0.38. The company has a fifty day simple moving average of $0.59 and a two-hundred day simple moving average of $0.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in EpicQuest Education Group International stock. Citadel Advisors LLC acquired a new stake in shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 30,223 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned approximately 0.23% of EpicQuest Education Group International as of its most recent filing with the Securities & Exchange Commission.

EpicQuest Education Group International Company Profile

EpicQuest Education Group International Limited, through its subsidiaries, provides education solutions for students interested in college and university programs in the United States and internationally. The company offers English proficiency educational programming and transfer pathways for students pursuing academic degrees; and operates a career-training college.