Classover (NASDAQ:KIDZ) Trading Down 5.2% – Should You Sell?

Shares of Classover Holdings, Inc. (NASDAQ:KIDZ) traded down 5.2% during trading on Friday . The company traded as low as $0.98 and last traded at $0.99. 1,289,626 shares were traded during trading, a decline of 44% from the average session volume of 2,321,418 shares. The stock had previously closed at $1.04.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Classover in a research note on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Classover presently has a consensus rating of “Sell”.

Classover Trading Down 5.2%

The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 4.16. The company has a 50 day moving average price of $1.27.

Classover (NASDAQ:KIDZ) last released its quarterly earnings data on Thursday, August 14th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $0.73 million for the quarter.

Institutional Investors Weigh In On Classover

An institutional investor recently bought a new position in Classover stock. Sandia Investment Management LP acquired a new stake in Classover Holdings, Inc. (NASDAQ:KIDZ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned 0.38% of Classover at the end of the most recent reporting period. Hedge funds and other institutional investors own 74.70% of the company’s stock.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries.